Wednesday, November 11, 2026 updated 7d ago · 6048k articles & posts · 3011k stories · 5559 sources

conv.business

The internet’s conversation, turned into timelines.

Business 8d ago

Apple shares fall 3% after earnings beat despite margin warnings

iPhone maker topped forecasts but cautioned rising memory costs would pressure profits through the holiday season.

Apple shares fall 3% after earnings beat despite margin warnings
0 pieces of coverage in the last 4 days; the story began Nov 2 began Nov 2now 2 pieces · 2 sources
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№37 (page 2) · newest development 8d ago · 2 pieces from 2 sources · ranked by recent attention

“Apple shares fell about 3% in after-hours trading after the iPhone maker beat forecasts for the September quarter but warned that rising memory costs would squeeze profit margins over Christmas.”— Proactive · full quotes →
John TernusJohn Ternus Apple CEOApple Inc. Smartphone and services company
2 sources
Business

Asda hires ex-Morrisons boss David Potts as CEO

The struggling UK supermarket chain appoints experienced turnaround veteran to replace Allan Leighton as it battles fierce competition and…

0 pieces of coverage in the last 4 days; the story began Nov 3 began Nov 3now 16 pieces · 2 sources
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№38 (page 2) · newest development 8d ago · 16 pieces from 2 sources · ranked by recent attention

“By making improvements to the shopping trip every week, which customers can experience and feel in their pockets, we will revitalise the business.”— David Potts · full quotes →
2 sources
Business

US stocks mixed on election day as AI costs weigh on market

S&P 500 edges up 0.3% while tech stocks diverge ahead of midterm elections and amid concerns about AI sector expansion costs.

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№39 (page 2) · newest development 8d ago · 7 pieces from 2 sources · ranked by recent attention

“The U.S. stock market is drifting in mixed trading on Tuesday, with Apple falling but other Big Tech stocks picking up the slack following their own big swings.”— AP · full quotes →
2 sources
Business

Salesforce to Buy Voice-AI Startup Cresta for $2.7 Billion

Salesforce signs a definitive agreement to acquire Cresta, folding its voice agents into Service Cloud and Agentforce.

0 pieces of coverage in the last 4 days; the story began Nov 2 began Nov 2now 21 pieces · 4 sources
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№40 (page 2) · newest development 8d ago · 21 pieces from 4 sources · ranked by recent attention

“Salesforce announces plans to acquire Cresta, a provider of AI-powered contact center automation software; source: Salesforce agreed to pay $2.7B for Cresta”— Techmeme@techhub.social, Aggregator reposting The Information scoop · Mastodon · full quotes →
4 sources
Business

Yum China beats profit forecast despite revenue miss, raises store target

The restaurant operator reported higher earnings and expanded margins while raising its 2026 expansion goal to over 2,400 new stores.

0 pieces of coverage in the last 4 days; the story began Nov 3 began Nov 3now 8 pieces · 2 sources
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№41 (page 2) · newest development 7d ago · 8 pieces from 2 sources · ranked by recent attention

“We delivered year-over-year growth in system sales, operating profit and OP margin for the 10th consecutive quarter, despite a dynamic operating environment.”— Joey Wat, CEO of Yum China, CEO · Investing.com · full quotes →
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Business

Saudi Aramco Posts 34.6% Q3 Profit Jump Despite Houthi Attacks

Higher oil prices and a stake sale to Petronas lifted Aramco's earnings even as Yemen's Houthis keep striking Saudi energy infrastructure.

0 pieces of coverage in the last 4 days; the story began Nov 3 began Nov 3now 27 pieces · 3 sources
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№42 (page 2) · newest development 8d ago · 27 pieces from 3 sources · ranked by recent attention

“Geopolitical uncertainty and attacks on key energy facilities continued to amplify the global energy supply crisis in the third quarter of 2026, with serious…”— Aramco president · full quotes →
3 sources
Business

Disney plans thousands of layoffs, asks managers for 20% cost cuts

Bloombeg reports CEO Josh D'Amaro is pushing a broad restructuring as AI, weak box office and streaming competition squeeze the…

0 pieces of coverage in the last 4 days; the story began Nov 2 began Nov 2now 62 pieces · 7 sources · 49 comments
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№43 (page 2) · newest development 8d ago · 62 pieces from 7 sources · ranked by recent attention

“Some of the company's operations, ranging from theme parks, TV network and a movie studio, will be affected disproportionately.”— Japan Times report · full quotes →
7 sources
Business 8d ago

Trump administration suspends South Africa and Rwanda from US trade program

Both nations lose duty-free access under AGOA effective January 2027, affecting $1.7bn in South African exports.

0 pieces of coverage in the last 4 days; the story began Nov 2 began Nov 2now 41 pieces · 4 sources
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№44 (page 2) · newest development 8d ago · 41 pieces from 4 sources · ranked by recent attention

“President Trump found that the governments of Rwanda and South Africa are engaging in practices that are inconsistent with AGOA's eligibility criteria.”Jamieson Greer— Jamieson Greer · full quotes →
4 sources
Business

RBA raises cash rate to 4.85%, highest since 2008, as inflation fight drags on

Australia's central bank lifted rates by 0.25 percentage points for the fifth time this year, but acknowledged inflation will linger longer…

0 pieces of coverage in the last 4 days; the story began Oct 27 began Oct 27now 56 pieces · 5 sources
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№45 (page 2) · newest development 8d ago · 56 pieces from 5 sources · ranked by recent attention

“There is an increasing share of businesses who are thinking that maybe 3 to 3.5 per cent is the new normal [for inflation].”— Andrew Hauser, RBA deputy governor · full quotes →
5 sources

Gas prices hit record high for a U.S. Election Day as voters head to polls

National average gasoline price reaches $4.12/gallon, the highest ever recorded on an Election Day, with costs still elevated from the Iran…

0 pieces of coverage in the last 4 days; the story began Oct 31 began Oct 31now 50 pieces · 6 sources · 21 comments
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№46 (page 2) · newest development 7d ago · 50 pieces from 6 sources · ranked by recent attention

“Americans driving to the polls will pay gas prices averaging over $4 a gallon for the first time on record on an election day, the latest milestone in an…”— Will Kubzansky, Bloomberg Politics reporter · full quotes →
6 sources
Business

Anthropic Discloses Nearly $900B in AI Spending Commitments Ahead of IPO

FT reporting shows the AI lab's multi-year compute and infrastructure commitments have ballooned as it prepares to go public.

0 pieces of coverage in the last 4 days; the story began Nov 2 began Nov 2now 20 pieces · 3 sources · 46 comments
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№47 (page 2) · newest development 8d ago · 20 pieces from 3 sources · ranked by recent attention

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Business 8d ago

RBA hikes rates fifth time in 2026 as mortgage costs hit pre-GFC levels

Australia's central bank raised rates again amid stubborn inflation, pushing household repayments to their highest since 2008.

0 pieces of coverage in the last 4 days; the story began Nov 2 began Nov 2now 4 pieces · 3 sources
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№48 (page 2) · newest development 8d ago · 4 pieces from 3 sources · ranked by recent attention

“workers can expect their real pay packets to shrink this financial year, with wages rising just 3.4 per cent compared to a forecast 3.7 per cent rise in prices”— Reserve Bank of Australia · ABC Australia · full quotes →
3 sources
Business

Tech stocks wobble as AI valuations face pressure amid midterm uncertainty

Big Tech rebounds Tuesday while Asian markets decline; Apple hit by chip costs despite beating earnings.

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№49 (page 2) · newest development 8d ago · 11 pieces from 3 sources · ranked by recent attention

“Some on Wall Street speculate that a Democratic sweep of Congress this time around could lead to more regulations and restrictions on AI development. But…”— AP News · full quotes →
3 sources
Business

Foodtastic launches C$1 billion hostile bid for MTY Food Group

Canadian restaurant operator Foodtastic offers C$43 per share after two rebuffed approaches, as MTY replaces its CEO.

0 pieces of coverage in the last 4 days; the story began Nov 3 began Nov 3now 8 pieces · 3 sources
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№50 (page 2) · newest development 7d ago · 8 pieces from 3 sources · ranked by recent attention

“MTY is a great company with excellent opportunities, but it has unfortunately not lived up to its full potential in recent years.”— Peter Mammas, Foodtastic CEO · full quotes →
3 sources
Business 8d ago

Apple reports 12% profit growth amid chip cost warnings

iPhone sales remain strong as Apple navigates rising memory chip prices.

0 pieces of coverage in the last 4 days; the story began Nov 2 began Nov 2now 4 pieces · 3 sources
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№51 (page 2) · newest development 8d ago · 4 pieces from 3 sources · ranked by recent attention

“The company said iPhone sales remained strong, but warned that the cost of memory chips for its devices were going up.”— Apple · New York Times · full quotes →
3 sources
Business

Hong Kong Q3 GDP grows 5.2%, beating forecasts on export surge

Economy records 15th consecutive quarter of expansion, outpacing economist predictions as goods exports accelerate.

0 pieces of coverage in the last 4 days; the story began Nov 2 began Nov 2now 8 pieces · 2 sources
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№52 (page 2) · newest development 7d ago · 8 pieces from 2 sources · ranked by recent attention

“Looking ahead, Hong Kong's economic outlook remains positive, with incoming data pointing to sustained growth momentum”— Hong Kong government spokesman, Official statement · Channel News Asia · full quotes →
2 sources
Business 8d ago

XRG to Buy Shell's Australian Gas Stake for $1.45 Billion

Abu Dhabi's state oil producer expands globally with acquisition of Shell's stakes in Australian natural gas project.

0 pieces of coverage in the last 4 days; the story began Nov 3 began Nov 3now 4 pieces · 3 sources
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№53 (page 2) · newest development 8d ago · 4 pieces from 3 sources · ranked by recent attention

“The energy investment arm of Abu Dhabi's state oil producer agreed to pay $1.45 billion for Shell Plc's stakes in an Australian natural gas project, the latest…”— Bloomberg Markets, News outlet · full quotes →
3 sources
Business

Musk's SpaceX Moves to Challenge AT&T, Verizon and T-Mobile in Wireless

Axios reports SpaceX is assembling spectrum, satellites and Boost Mobile to mount a rare competitive challenge to the dominant US carriers.

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№54 (page 2) · newest development 8d ago · 9 pieces from 3 sources · ranked by recent attention

“Musk has the money, spectrum and satellite network to attempt something different — though he faces daunting obstacles.”— Axios, Reporting outlet · full quotes →
3 sources
Business 8d ago

SpaceX in talks to acquire or partner with Boost Mobile

Elon Musk eyes wireless market entry through potential Boost Mobile deal, according to Washington Post reporting.

0 pieces of coverage in the last 4 days; the story began Nov 2 began Nov 2now 4 pieces · 3 sources
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№55 (page 2) · newest development 8d ago · 4 pieces from 3 sources · ranked by recent attention

“If he can't build it, he'll buy it. The world's richest man commands electric vehicles, spacecraft, a fleet of satellites for an internet network, robots, an…”— Anna-Louise Jackson, Fast Company reporter · full quotes →
3 sources
Business

David Jones misses ASIC filing as $10M rescue loan shores up Christmas stock

Australia's iconic department store faces store closure speculation and supplier concerns as lender Hilco Capital provides emergency…

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№56 (page 2) · newest development 8d ago · 7 pieces from 4 sources · ranked by recent attention

“Hilco remains supportive of the business and any inference otherwise is false”— Hilco Capital, Primary lender · full quotes →
4 sources
Business

Xbox's Helen Chiang breaks silence on sudden firing, denies policy violations

The former COO says unfounded rumors about her departure are inaccurate and hints at unfair treatment.

0 pieces of coverage in the last 4 days; the story began Nov 2 began Nov 2now 25 pieces · 4 sources
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№57 (page 2) · newest development 8d ago · 25 pieces from 4 sources · ranked by recent attention

“I have serious concerns about how they were applied in my case, and I believe those concerns deserve to be taken seriously.”— Helen Chiang · full quotes →
4 sources
Business

Drax strikes £20bn deal to build UK's largest AI datacentre at coal-biomass plant site

The FTSE 250 owner of Britain's most polluting power station will host a 1GW-plus AI datacentre with Brookfield and Radiant.

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№58 (page 2) · newest development 7d ago · 13 pieces from 3 sources · ranked by recent attention

“help secure the long-term future of the site and protect hundreds of jobs”— Will Gardiner, Drax chief executive · full quotes →
3 sources
Business

Hedge Funds Wipe Out All 2025 AI Stock Bets in October Deleveraging Wave

A five-day sell-off erased every AI stock hedge funds had bought since 2025, dragging memory chipmakers and the Nasdaq-100 down by hundreds…

0 pieces of coverage in the last 4 days; the story began Nov 1 began Nov 1now 5 pieces · 4 sources · 57 comments
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№59 (page 2) · newest development 8d ago · 5 pieces from 4 sources · ranked by recent attention

“AI is going spiral to nothing like every crappy bitcoin copy.”— bladeofthes.bsky.social · full quotes →
4 sources
Business

Apple CEO John Ternus: iPhone Duo supply shortages have no end date

In his first earnings call as Apple CEO, Ternus tells Reuters the foldable iPhone remains supply-constrained with no timeline for balance…

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№60 (page 2) · newest development 8d ago · 36 pieces from 5 sources · ranked by recent attention

“He's vague about when Apple will make enough iPhone Duo units, though.”— AppleInsider · full quotes →
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Business

Apple CEO John Ternus's First Earnings Call Draws 'Scripted' Criticism

Bloomberg calls new Apple chief's debut analyst call "timid"; John Gruber says Apple calls have always been scripted.

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№61 (page 2) · newest development 7d ago · 5 pieces from 2 sources · ranked by recent attention

“This is stupid.”— John Gruber · full quotes →
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Business

Air India CEO vows to expand wide-body fleet, targets profitability 'very soon'

New CEO Tewolde Gebremariam charts growth strategy focused on international market share and operational efficiency.

0 pieces of coverage in the last 4 days; the story began Nov 3 began Nov 3now 9 pieces · 2 sources
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№62 (page 2) · newest development 7d ago · 9 pieces from 2 sources · ranked by recent attention

“According to Gebremariam, Air India has been "punching below its weight" but that will change in the time to come.”— Tewolde Gebremariam · full quotes →
2 sources
Business 8d ago

Anthropic IPO valuation cut to $1.5T–$1.6T as institutional investors cite tech selloff

Major investors backing Anthropic's planned public offering are pushing down the AI company's expected valuation by roughly 25% amid market…

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№63 (page 2) · newest development 8d ago · 268 pieces from 8 sources · ranked by recent attention

“Institutional investors who plan to buy shares in the AI company's planned IPO show concern following a selloff in tech stocks.”— Wall Street Journal · full quotes →
8 sources
Business

Meta delays scraping terms after media outcry and Norwegian court order

The company postponed new business account rules that would allow automated data collection after backlash from publishers and regulators.

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№64 (page 2) · newest development 8d ago · 14 pieces from 3 sources · ranked by recent attention

“This update is designed to make sure we're able to pull accurate information about products for sale on third-party websites when making on-platform ad and…”— Andy Stone, Meta spokesman · full quotes →
3 sources
Business

Bloomberg Economics: Underlying US Inflation Pressures Are Easing

A new independent tracker built from millions of price points finds headline inflation still high but cooling beneath the surface.

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№65 (page 2) · newest development 7d ago · 5 pieces from 5 sources · ranked by recent attention

“The headline is high, but the details reveal some price pressures easing.”— Bloomberg Economics, Report authors · full quotes →
5 sources
Business

TechCrunch Founder Summit launches Nov 4 in Boston with networking focus

One-day event at SoWa Power Station brings founders and VCs together for structured networking, speaker sessions, and investor connections.

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№66 (page 2) · newest development 7d ago · 9 pieces from 3 sources · ranked by recent attention

“Networking shouldn't mean walking into a crowded room and hoping you happen to meet the right person.”— TechCrunch Founder Summit marketing · TechCrunch · full quotes →
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Business

BYD sells 305,743 EVs in October, topping entire US quarter

China's leading automaker hit a monthly record as US EV market stalls under policy rollbacks.

0 pieces of coverage in the last 4 days; the story began Nov 2 began Nov 2now 31 pieces · 3 sources · 316 comments
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№68 (page 2) · newest development 8d ago · 31 pieces from 3 sources · ranked by recent attention

“Comparing it to the US isn't really meaningful considering the EV market here is on life support.”— paxy · full quotes →
3 sources
Business

Apple forecasts record $153.82B–$158.13B December quarter revenue

Apple expects its fiscal Q1 2027 to be its biggest revenue quarter ever, growing 7–10% year-over-year despite supply constraints and rising…

0 pieces of coverage in the last 4 days; the story began Nov 2 began Nov 2now 5 pieces · 2 sources
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№69 (page 2) · newest development 8d ago · 5 pieces from 2 sources · ranked by recent attention

“We expect our December quarter total company revenue to grow between 7 and 10% year over year, which reflects our best view of constrained supply. We expect…”— Kevan Parekh, Apple CFO · Press · full quotes →
2 sources
Business

Apple shares drop 4.5% after earnings despite analysts staying bullish

Investors sell off on weak margin guidance and slowing services growth, but most Wall Street analysts keep bullish ratings.

0 pieces of coverage in the last 4 days; the story began Nov 2 began Nov 2now 5 pieces · 2 sources
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№70 (page 2) · newest development 7d ago · 5 pieces from 2 sources · ranked by recent attention

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Business

Anthropic swings to $567M operating loss as $895B compute commitments loom before IPO

Claude maker's Q3 revenue jumped 47% to $17B, but massive infrastructure spending and slowing growth cloud its Nasdaq debut.

0 pieces of coverage in the last 4 days; the story began Nov 2 began Nov 2now 4 pieces · 3 sources
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№71 (page 2) · newest development 7d ago · 4 pieces from 3 sources · ranked by recent attention

“currently costs significantly more”— Anthropic filing, Company prospectus · full quotes →
3 sources
Business

Keeping Up's claim of a 23% net-worth drop for under-35s draws HN skepticism

A marketing data site's benchmark page claiming real household net worth for 30–33-year-olds fell 23% since 2022 spreads on Hacker News and…

0 pieces of coverage in the last 4 days; the story began Nov 2 began Nov 2now 17 pieces · 3 sources · 120 comments
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№72 (page 2) · newest development 8d ago · 17 pieces from 3 sources · ranked by recent attention

“There is a small group of people who might benefit from being in a LCL area, its people with remote jobs and no kids.”— bad_haircut72 · full quotes →
3 sources