iPhone 16 Sales Surge 20% In China, Early Price Cuts Follow; Analyst Predicts Crypto Surge As US Elections And Fed Rate Cut Near - Top Headlines Today While US Slept

US Markets­­­­­­­­

• US Stocks Set To End Week Strong As Netflix Q3 Earnings Boost Optimism, Gold Hits New Highs: What’s Driving Sentiment Friday?
• Why Intuitive Surgical Shares Are Trading Higher By Around 7%; Here Are 20 Stocks Moving Premarket
• TSMC, Strong Economic Data Push Dow To Fresh Record High: Investor Sentiment Improves, Fear Index Remains In ‘Greed’ Zone

Crypto

• Bitcoin Takes Aim At All-Time Highs: What Does It Mean For Altcoins?
• Riding Dogecoin’s Wave: Indicators Point To What Could Happen Next
• Bitcoin, Ethereum Muted, Dogecoin Rallies As Market Maintains ‘Greed’ Sentiment: Analyst Predicts New Peak For King Crypto As US Elections And Potential Fed Rate Cut Looms
• Elon Musk Touts ‘DOGE’ Agency While Endorsing Trump During Pennsylvania Town Hall — Dogecoin Goes Soaring Over 8%

US Politics

• Trump’s Potential Federal Reserve Pick Defends Rate Cuts After Ex-President Slammed Jerome Powell’s Move
• Hedge Fund Billionaire Daniel Loeb Bets On Trump Win, Singles Out This Recent Buy As Having ‘Significant Upside Potential’
• Trump Defends His Plans To Impose 200% Tariffs On Cars Imported From China, Mexico: ‘Hope Union Workers Understand That I Saved Their Jobs’
• Paul Krugman Warns Trump’s Tariff Plan Could Rewind Economic Progress 90 Years and Ignite Global Conflict: ‘He Sees Everything In Terms Of Winners, Losers And Punishment’
• Tim Cook Called To Complain About Billions In EU Fines Imposed On Apple, Says Trump: ‘I’m Not Going To Let Them Take Advantage Of Our Companies’
• Kamala Harris Repeats Promise To Get Rid Of ‘Unnecessary Degree Requirements’ — ‘I Will Challenge The Private Sector To Do The Same’

US Economy

• As US Tackles Inflation With Rate Cuts, IMF MD Sounds Alarm: ‘Not Yet Time To Celebrate’ Amid Looming Low Growth, High Debt

World Economy

• Gold Surges Past $2,700 To Record High; Asia And Europe Markets In Green – Global Markets Today While US Slept

Tech

• Broadcom, Marvell Set To Lead In 2025 As Semiconductor Sector Is ‘At The Cusp Of A Semiconductor Up-Cycle,’ Says Analyst
• Tech Bull Says Investors Should Take ‘Advantage’ Of Amazon Stock’s ‘Period Of Relative Underperformance’ Ahead Of Q3 Earnings
• Meta Employee Making $400K A Year Says They Were Fired After Using $25 Dinner Credit To Buy Toothpaste
• Jeff Bezos-Backed Perplexity AI Aims To Break Google And Meta’s Duopoly With New ‘Internal Knowledge’ Search: ‘All About What Consumers Are Doing’
• Apple iPhone 16 Sees 20% Sales Surge in China, But AI Absence Prompts Early Price Cuts
• Cloudflare Opens New Lisbon HQ, Supporting 350+ Employees
• Why Are Alibaba, Nio, JD.Com And Other US-Listed Chinese Stocks Surging Today?
• Waymo Offers Free Credits To Riders Traveling To Select Transit Stations In The Bay Area: Here’s How Much You Can Get
• Nvidia Supplier TSMC Will Push Back Against ASML Rumored Price Hikes, Says Analyst — Potential Pricing Standoff Imminent In Semiconductor Industry?
• Google Reshuffles Search Leadership While Navigating AI Threat To Core Business
• Intel Reportedly Considers Selling Minority Stake In Altera Unit For $17B Amid Market Challenges, Losing Ground To Nvidia And AMD As Stock Plummets Over 50% This Year
• Google Says An Election Ad Ban Will Be Imposed After Polls Close To Curb Misinformation: ‘Implementing This Policy Out Of An Abundance Of Caution’
• Amazon AWS CEO Stands Firm On 5-Day Office Policy — Opponents Can Head For The Exit Door: ‘There Are Other Companies Around’

Electric Vehicle

• NHTSA Opens Probe Into 2.4M Tesla Vehicles After Reports Of 4 Crashes With FSD Involved
• Trick Or Treat: Rivian Rolls Out Spooky Halloween Update Featuring Car Costumes, Creepy Chirps

Consumer

• Procter & Gamble’s Mixed Bag Q1: EPS Exceeds Estimates, Reaffirms Growth Outlook & More

Communication

• Netflix’s Ted Sarandos Downplays Concerns Of YouTube’s Growing Share Of TV Consumption: ‘We’re The Home To The Best Storytellers’
• Netflix’s 200B Hour Problem: Why Live Sports Are Just A Drop In the Streaming Ocean

Healthcare

• Pharmacy Retailer CVS Health Backs Away From Annual Forecast, Names New CEO

Financial

• Fuji Soft Board Chooses KKR Bid Despite Higher Offer From Bain Capital: Report
• American Express Q3 Earnings: Profit Beats Estimate, Card Spending Grows, Revises Annual Outlook
• Why US-Listed China ETFs Are Gaining Up To 6% In Friday’s Premarket
• Robinhood Aims To Capture Beyond 50% Of Mobile Traders With Legend Desktop Platform: ‘Now We Have An Alternative’

Space

• NASA Assigns 2 Missions To SpaceX For 2025 After Boeing’s Starliner Stranded Astronauts

Energy

• First Solar, NextEra, Enphase: What Post-Election Scenarios Could Mean For Renewable Powerhouses
• Saudi Arabia Targeting Billions In Zambian Assets, Despite Persistent Infrastructure Troubles

Photo Courtesy: Apple