Tech Stocks See Worst Day Since June, Pressuring Broader Market

New York Times - Oct 30, 2026

The Nasdaq and the S&P 500 had their worst day since June as investors worried about spending on A.I. infrastructure.

Read full article

MORE NEWS

Crypto giant Binance attempting to recover $6.3bn stolen in hack linked to North Korea
Oct 30, 2026

Crypto giant Binance attempting to recover $6.3bn stolen in hack linked to North Korea

The cyber-attack, which the company describes as complex, is believed to be the largest ever of its kind.

New York Bought an Electric Ferry. The City Can’t Charge It.
Oct 30, 2026

New York Bought an Electric Ferry. The City Can’t Charge It.

Locations across the country want to launch electric ferries to cut carbon emissions, but there are challenges to the rollout.

Binance Lost Over $6 Billion in Crypto Hack. Here’s What to Know.
Oct 30, 2026

Binance Lost Over $6 Billion in Crypto Hack. Here’s What to Know.

Hackers made off with around $6 billion in digital currency in what could be the biggest crypto heist in history. Binance said it will cover the losses.

Yorkshire Water boss resigns after firm downgraded
Oct 30, 2026

Yorkshire Water boss resigns after firm downgraded

Nicola Shaw, who has led the company since 2022, will step down in January, it is announced.

Binance Suspends Withdrawals After Crypto Hackers Steal $6.3 Billion
Oct 30, 2026

Binance Suspends Withdrawals After Crypto Hackers Steal $6.3 Billion

The crypto exchange said it was compromised in what could be the biggest crypto heist ever. One research lab attributed the theft to “North Korea’s elite hacking unit.”

A Powerful Mosquito-Hunting Laser Uses A.I. to Zap Winged Pests
Oct 30, 2026

A Powerful Mosquito-Hunting Laser Uses A.I. to Zap Winged Pests

Using sensors developed for self-driving cars, a Chinese start-up claims it can track and destroy tiny flying targets while avoiding people, pets and reflective surfaces.

Big Tech’s Data Center Blitz Is Burning Through Cash and Scaring Wall St.
Oct 30, 2026

Big Tech’s Data Center Blitz Is Burning Through Cash and Scaring Wall St.

Amazon became the latest tech company to announce swelling investments in A.I. amid stumbling share prices.

What we know about Binance's $6.3bn hack
Oct 30, 2026

What we know about Binance's $6.3bn hack

Cyber correspondent Joe Tidy explains more about what is suspected to be the biggest hack in history.

Google value plunges by $500bn as its own AI search hits ad sales
Oct 30, 2026

Google value plunges by $500bn as its own AI search hits ad sales

Google spooked investors so badly that its stock hit a six-month low, after it revealed its AI own search summaries were affecting ad revenue.

Streeting denies 'kicking can down the road' in defence spending row
Oct 30, 2026

Streeting denies 'kicking can down the road' in defence spending row

The government is under pressure to set out a path to greater defence spending, as ministers unveil plans to boost UK firms.

U.S. Oil Industry Earned Over $130 Billion in Profit During Iran War
Oct 30, 2026

U.S. Oil Industry Earned Over $130 Billion in Profit During Iran War

That was almost three times as much as what businesses producing and refining oil in the United States made in the same period in 2025.

Crypto giant Binance hit by $6.3bn hack suspected to be largest in history
Oct 30, 2026

Crypto giant Binance hit by $6.3bn hack suspected to be largest in history

Two analytics firms have attributed the incident to a North Korean hacking unit called TraderTraitor.

RECOMMENDED

Profit And Cost

Profit and Cost is the personal business & financial assistance for individuals considering to improve their profits and lowering the cost in their everyday life.

ABOUT US
Newsletter

Subscribe for more recent news from Profit And Cost

Copyright © 2015 - 2026 Profit And Cost. All Rights Reserved.