ADVFN US – Market Content Editor

The total valuation of the Global Top 100 Unicorns has soared by $895 billion, or 44%, reaching nearly $3 trillion, according to PwC’s latest report. Collectively, these top privately held companies are now valued at $2.95 trillion, up from $2.05 trillion the previous year. The entry threshold for the Top 100 also rose by $0.3…

KE Holdings Inc. (NYSE:BEKE), a major online and offline real estate platform in China, saw its shares climb 5.13% in pre-market trading on Monday after reporting third-quarter adjusted earnings that slightly beat analyst forecasts, despite revenue coming in just below estimates. The company reported adjusted earnings per share of RMB 1.17 ($0.16), narrowly surpassing the…

A sharp decline in U.S. technology stocks has underscored how heavily markets rely on artificial intelligence optimism, according to a Monday note from Capital Economics, which said the slump has largely overshadowed progress toward ending the U.S. government shutdown. The firm noted that despite the recent turbulence, there is little evidence that the AI boom…

Rumble Inc. (NASDAQ:RUM) announced on Monday that it will acquire German data center operator Northern Data AG (TG: NB2) in an all-stock transaction valued at approximately $767 million, as the video platform moves to expand its cloud and AI infrastructure capabilities. Under the agreement, Rumble will issue 2.0281 new Class A shares for each Northern…

Siddhant Awasthi, the executive leading Tesla’s (NASDAQ:TSLA) Cybertruck program, announced on Sunday that he is leaving the electric vehicle maker after eight years with the company. In a post shared on LinkedIn, Awasthi reflected on his time at Tesla Inc., noting that he had contributed to several key initiatives, including the Model 3 program, the…

RadNet, Inc. (NASDAQ:RDNT) shares climbed 5.8% on Monday after the outpatient diagnostic imaging provider reported record third-quarter revenue that surpassed Wall Street expectations, offsetting a small miss on earnings per share. The company posted revenue of $522.9 million for the quarter, well above the $494.48 million analyst consensus and up 13.4% year over year from…

Rumble Inc. (NASDAQ:RUM) saw its shares surge 13.2% on Monday after reporting third-quarter results that signaled a notable improvement in profitability, even as revenue dipped slightly. The video-sharing platform continues to streamline its operations and strengthen its position ahead of the U.S. election season, a period that typically drives higher engagement. The company posted a…

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) reported a sharp rise in October revenue as the world’s largest contract chipmaker continued to ride the global wave of artificial intelligence-driven demand. The company’s monthly revenue climbed 16.9% year over year to T$367.47 billion (US$11.86 billion), marking an 11% increase from September. For the January–October 2025 period, total revenue…

Oil prices rose on Monday, buoyed by optimism that the United States government shutdown may soon end, a development that could strengthen fuel demand in the world’s top oil consumer. The upbeat sentiment helped offset ongoing concerns about rising crude supplies in global markets. By 07:51 GMT, Brent crude futures gained 39 cents, or 0.61%,…

Gold prices surged in early Asian trading on Monday, climbing back above the $4,000-per-ounce mark as a weaker dollar and optimism over the potential resolution of the U.S. government shutdown boosted demand for the safe-haven asset. The rally was also supported by renewed expectations of a Federal Reserve rate cut in December, though traders remain…