Latest news, developments and reporting on Markets.
Anthropic to disclose Q3 financials to investors amid record IPO plans; Epic Games turns to AI for delayed Disney game.
ChangXin Memory Technologies said its new architecture can pack more data into a smaller space, triggering a selloff in global memory-chip stocks and raising questions about competition with Micron, SK Hynix and Samsung.
Austin-based Icon raised $200 million in Series D funding co-led by Baillie Gifford and BlackRock, bringing total funding to $700 million at a reported $1.4 billion valuation as it scales its multi-story Titan construction system.
AI labs are buying code and workplace archives from defunct or shutting-down startups, according to MIT Technology Review, as brokers turn failed companies’ digital remains into training data and legal questions mount.
Huawei's Hubble Investment joined an angel round for Shenzhen electronic-skin maker Vistra Robotics, DeepSeek plans to lead a seed round in Winverse AI, and HINA invested in AI music hardware company SUAVE, according to media reports.
The IMF warned Tuesday that inflation, debt and AI-related borrowing could cause sovereign bond yields to spike in a disorderly way, while global resilience is nearing its limits. DBS's CEO said Singapore's predictability is an advantage as Asian tech shares fell on AI financing worries.
Seoul's KOSPI fell 5.46% to 6,035.35 on Oct. 13, extending losses to a fifth session as technology and chip stocks slumped on renewed AI and inflation worries. The won weakened to 1,345.1 per dollar after foreigners sold a net 4.51 trillion won of local shares.
Lee stresses U.S. alliance; North Korea reports missile test; Seoul stocks tumble; IMF lifts Korea 2026 growth forecast.
Asian technology and semiconductor shares fell Tuesday, tracking a U.S. chip sell-off, as SK Hynix, Samsung and SoftBank slumped amid concerns over AI financing and competition.
The IMF raised its 2026 global growth forecast to 3.1%, citing AI investment that offset Middle East war shocks, while warning of disorderly bond-yield spikes and a possible AI share-price correction. It lifted South Korea's growth outlook to 3.3% on semiconductor exports.
Intel CEO Lip-Bu Tan and Broadcom CEO Hock Tan said at a Singapore financial conference that capital access and cost of capital are becoming major constraints on AI expansion, even as chip shortages ease. They also discussed AI training costs, open-source models and quantum computing as funding continued for AI infrastructure and robotics startups.
IonQ plans to acquire Elisity in an all-stock deal valued at $1.3 billion, including $150 million in performance incentives, to expand its cybersecurity offerings.
IonQ has agreed to acquire cybersecurity firm Elisity in an all-stock deal worth up to $1.3 billion, expanding its security portfolio as it prepares for quantum and AI threats. IonQ shares fell more than 9%.
US-listed medtech Stryker is set to invest around $400m in UK robotic surgery company CMR Surgical, with an option to acquire it outright and exclusive US sales rights for its robot-assisted surgery system.
Mistlabs has raised $26 million and launched its Ambi ambient AI app out of beta on Apple devices, offering real-time suggestions while leaving third-party disclosure questions unresolved.
Loops Smart AI has raised $3.5 million in seed funding led by a16z speedrun to expand a unified AI layer for online retailers, combining search, shopping assistance, product data enrichment and virtual try-on.
On Oct. 12, 2026, reports showed Anta using AI agents in e-commerce, family offices chasing AI despite bubble fears, UK CEOs crediting AI for productivity without full cost visibility, and security experts warning that SaaS and surveillance systems are expanding faster than oversight.
Intel CEO Lip-Bu Tan and Broadcom CEO Hock Tan said at a Singapore conference that capital and its cost may constrain AI expansion more than chip, memory or power shortages, even as compute demand outruns supply.
CNBC columnist Jim Cramer says he will keep making monthly S&P 500 index fund contributions, citing long-term discipline even as earnings expectations, geopolitics, AI data-center bans and Fed rate policy weigh on markets.
Amazon is reportedly negotiating to acquire AI developer Decart.ai in a deal worth up to $7 billion, with a Wall Street Journal report saying an agreement could come within days. Decart's software moves AI workloads between different processors, and Anthropic previously walked away from a reported $6 billion bid.
New Constructs values Anthropic at $150 billion and calls its planned Nasdaq IPO the 'most ridiculous IPO of 2026,' saying the $2 trillion target tests investor gullibility.
TechCrunch reports that Richualist founder Dawn Myers has developed Mint, a refillable hair tool that detangles, conditions, gels and styles textured hair in one stroke, aiming to cut wash-day styling from about 80 minutes to 7-10 minutes.
U.S. stocks finished last week higher after record highs and a sharp AI-led selloff, with the S&P 500 up 1.2% and the Nasdaq up 0.6%. SpaceX sought $40 billion for Nvidia chips and a spectrum deal, conflicting OpenAI revenue reports whipsawed AI shares, and Starbucks showed improving consumer data.
Nvidia's market value neared $6 trillion as demand for its AI processors pushed the chipmaker toward an expected $108 billion in October-quarter revenue. Buyers can now reach the chips through big clouds, a fast-growing field of neoclouds, online marketplaces or direct purchase.