$CRWV Q3 earnings:
💵 Revenue: $3.66B vs $3.56B expected
💲 Loss per share: $1.27 vs $1.46 expected
➡️ Full-year revenue guidance: $13B to $13.3B vs $12B to $13B
"Revenue is not as important as measuring tokens," @vkhosla tells @dee_bosa when breaking down how he measures success between OpenAI and Anthropic.
🚨 BREAKING: October's inflation reading
CPI MoM: +0.4% vs +0.3% expected
Core CPI MoM: +0.3% vs +0.2% expected
Nvidia's CEO has reportedly admitted to having an affair after the Financial Times reported on his alleged romantic relationship with a woman believed by the US intelligence community to have been working as a spy for China's Ministry of State Security.
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Schools that block AI will lose Google Search too.
Early next year, Google will turn off AI tools for K-12 students unless schools opt in. But AI is built into Search, so schools that restrict it entirely lose student access too.
Should schools be able to keep Search without the AI?
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More of our spending is happening from the couch.
Food delivery, streaming and pet spending are driving the shift, according to Visa’s “couch economy” report. Staying in isn’t always cheaper, though. Fees, tips and one-tap checkout can add up fast.
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AMD’s CEO sees a big opportunity in AI, and she’s building for it now.
Lisa Su says investing ahead of the curve is the way to unlock what AI can do for every part of business.
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Skipping the night out doesn’t mean skipping the bill.
Visa says more spending is shifting to streaming, food delivery and other at-home options. But delivery fees, tips and one-tap checkout can make it easier to overspend.
To curb impulse buys, wait 24 hours before checking out.
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Six pallets. $11.4 million. One missing truck. 🚚
More than $11 million worth of Nvidia computer hardware disappeared from Oakland, California on its way to Fort Worth, Texas. Investigators later lost track of the vehicle in San Bernardino County. 🧐
And this isn't the first time. Last year, $7.5 million of Nvidia hardware was stolen in Fremont and Union City too.
Could high-value technology shipments be the next national security threat?
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Hailey Bieber says she’s frustrated by the gaps in women’s health research, and her brand is putting money behind it.
Rhode is pledging $5 million over three years to the Foundation for Women’s Health, including $1 million for a fund investing in new diagnostics and treatments.
Bieber discussed her PMDD diagnosis in an interview with Women’s Wear Daily.
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Microsoft is reportedly winding down an AI computing rental from Oracle, but Oracle says demand remains strong.
Meta is reportedly building a humanoid robot dubbed 'Max.'
Max is designed to help with household chores and was developed by the Chinese robotics firm Fourier.
The humanoid robot weighs about 106 pounds and is 5 feet tall. 🤖
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$ORCL is reportedly losing some AI cloud business to Microsoft.
Microsoft has been turning off computing capacity it rented from Oracle in recent months.
The SEC sent the White House a draft of rules for brokerages that hold customers' crypto, but the public hasn't seen the text yet. 👀
"The package addresses financial responsibility, record-keeping, and recording for crypto assets," @scottmelker explains.
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The Daily Wolf with Scott Melker (12:00 p.m. ET)
Would you trust Claude with your finances? 💰
Claude is now launching Personal Finance in beta mode in the US. 👀
Users could connect their accounts to Claude, and the AI could answer any money questions related to balances, budgets, transactions and more.
Will you be trying the new feature soon?
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$DKNG cut its forecast as it spends more on prediction markets.
It now expects about $225 million in adjusted EBITDA this year, down from about $800 million.
$NVDA is rebounding today, and chip stocks are leading the market higher.
Elon Musk says $TSLA will wind down Cybertruck production at Gigafactory Texas around the middle of next year.
The US economy added 165,000 jobs in October, beating Wall Street's expectations.
The unemployment rate ticked down to 4.1% amid a slight increase in labor force participation.
September's underwhelming jobs report of 29,000 additions was also revised upward to 60,000 jobs.
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