Important News
1. According to the Wall Street Journal, the Trump administration may invest in a quantum computing company.
2. The US government shutdown continues, with the US Senate rejecting a temporary appropriations bill for the 12th time.
Individual Stock News
1. Moderna (MRNA.O) has suspended development of a vaccine to prevent birth defects due to a setback in its trial.
2. American Airlines Group (AAL.O) raised its 2025 profit forecast, with capacity cuts contributing to a recovery in fares.
3. Alcoa (AA.N) saw a 158% year-on-year increase in Q3 net profit, but tariff costs could rise another $50 million in Q4.
4. Honeywell (HON.O) is moving forward with plans to spin off its aerospace business, aiming for a separate IPO in 2026.
5. Blackstone Group (BX.N) reported Q3 revenue of $3.089 billion, compared to $3.663 billion in the same period last year.
6. T-Mobile US (TMUS.O) reported Q3 revenue of $21.96 billion, exceeding market expectations of $21.903 billion. 7. IBM (IBM.N) Q3 revenue increased 9.1% year-over-year to $16.3 billion, with cloud division revenue growth slowing to 14%.
8. Tesla (TSLA.O) Q3 2025 revenue of $28.1 billion exceeded market expectations, with net profit declining 37% year-over-year.
9. OpenAI: Vantage and Oracle (ORCL.N) will create over 1,000 permanent jobs and thousands of indirect jobs.
