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Strategy CEO says only a decades-long slump would force them to sell Bitcoin

Key Takeaways The company plans to hold its Bitcoin reserves unless faced with a liquidity crisis lasting decades. Recent capital raises and historical performance support the firm’s commitment to Bitcoin as a core treasury asset. Share this article Strategy CEO Phong Le said on Friday that the company would only consider selling Bitcoin in the … Read more

Home Depot says a deep funk in the housing market is responsible for its sales slump: ‘Our customers are homeowners’

Home Depot is grappling with a deep funk in the housing market, which is “disproportionately impacting home improvement demand” as homeowners delay projects and wait out economic uncertainty, its CEO Ted Decker said during the company’s third-quarter earnings call Tuesday.​ The Atlanta-based retailer missed Wall Street expectations for the third consecutive quarter, posting net income … Read more

We could still close the year with a rally despite AI slump

The Nasdaq Composite dropped 0.84% Monday stateside as technology stocks were under pressure, with Apple, Meta and Oracle retreating more than 1% each. Artificial intelligence lynchpin Nvidia performed worse, losing almost 2%. CEO Jensen Huang in October said the chipmaker had “half a trillion dollars” of business on the books for 2025 and 2026. When … Read more

China’s economic slowdown deepens in October as housing slump worsens and investments shrink more than expected

CHENGDU, CHINA – OCTOBER 18: People walk past the Louis Vuitton store at Taikoo Li, a high-end shopping area that combines traditional Sichuan-style architecture with modern luxury retail, on October 18, 2025, in Chengdu, China. Cheng Xin | Getty Images News | Getty Images China’s slowdown worsened in October, dragged by soft consumer demand and … Read more

Circle shares slump after Q3 earnings despite big jump in revenue

Circle, the world’s second biggest issuer of stablecoins, saw its shares dive more than 8% after its first quarterly earnings announcement as a public company. The stock dip came even though the circulation of Circle’s flagship USDC coin has more than doubled, while revenue grew 66% from last year.  Despite better than expected revenue and … Read more

China manufacturing slump deepens to 6-month low in October, as PMI misses estimates

Chinese-made automobiles and construction machinery are assembled and shipped for export at Yantai Port in Yantai City, Shandong Province, China, on October 21, 2025. Costfoto | Nurphoto | Getty Images China’s manufacturing activity in October contracted more than expected, shrinking to the lowest level in six months, an official survey showed on Friday, as trade … Read more

Struggling frackers lean in on powering data centers to grab a slice of the AI pie amid crude oil slump

Oil prices are their lowest since the pandemic, revenues are falling, and profits are shrinking, but some frackers and oilfield players are suddenly thriving in the stock market as they invest in power generation for data centers and ride the AI wave. Liberty Energy—the fracking company cofounded by U.S. Energy Secretary Chris Wright—saw its stock … Read more

Samsung’s third-quarter profit surges 160% as chip business bounces back from brutal slump

Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images Samsung Electronics reported a rebound in earnings on Thursday, with operating profit more than doubling from the previous quarter on a rebound in its chip business.  Here are Samsung’s third-quarter results compared with LSEG SmartEstimate, which … Read more

China’s property slump is far from bottoming. But Beijing is prioritizing tech growth

A new residential complex under construction in Hangzhou, Zhejiang Province, China on October 20, 2025. Cfoto | Future Publishing | Getty Images BEIJING — Chinese policymakers are unlikely to shore up the country’s struggling real estate sector, analysts told CNBC, even as the housing slump drags on economic growth. The assessment comes as China’s top … Read more

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