Wall Street's main indices rose on Monday as oil prices tumbled more than 6% on hopes of a US-Iran peace deal, with investors also bracing for Tuesday's midterm elections and another busy week of earnings.

Wall Street rises as oil falls heading into US midterm elections, more earnings

Deutsche Bank turned bullish on US technology stocks, reversing a downgrade made three weeks ago, saying a sharp sell-off has created an attractive buying opportunity and much of the AI-related risk was already priced in.

Deutsche Bank upgrades US tech, says sell-off has gone too far

US stocks tumbled on Friday, with the Nasdaq suffering its largest one-day percentage drop since June 5 following disappointing quarterly results from Intel and Amazon, which amplified growing worries surrounding artificial intelligence (AI)-related companies' massive spending on the nascent technology.

Wall Street closes sharply lower as AI cash burn fears spark tech sell-off

A selloff in several tech companies spurred a rotation into a broader category of stocks while fueling a push toward the safety of bonds.

Stock rotation hits AI winners on spending worries

The tech-heavy Nasdaq fell more than 1% on Thursday as Alphabet's results rekindled worries about ballooning artificial intelligence (AI) costs, outweighing strength in other sectors, including financials and healthcare, as earnings continued to dominate investor focus.

Nasdaq falls as Alphabet set for record loss amid AI spending woes

The cost of insuring against losses on Alphabet Inc’s debt rose on Thursday as its shares plummeted, after disappointing results intensified fears that its massive bet on debt-funded artificial intelligence (AI) spending may fail to pay off.

Google debt-risk gauge rises as earnings revive AI debt jitters

Stocks edged up as the Federal Reserve held rates steady and refrained from offering a clear signal on whether it will hike in December.

Stocks edge higher after Fed as Oracle surges 11%

US stocks were choppy on Wednesday as weakness in megacaps such as Tesla and Apple offset chipmaker gains sparked by SK Hynix's bumper results, while investors awaited hyperscaler earnings and the Federal Reserve's interest-rate decision later in the day.

Wall St treads water as chips rise, megacaps fall ahead of Fed, Big Tech earnings

Investing giant Pacific Investment Management Co (Pimco) helped supercharge the artificial intelligence (AI) debt boom with billions of dollars in lending in 2025 — and has cut positions just in time to skirt losses and eke out a profit.

Pimco offloads billions in AI debt just in time to skirt losses — Bloomberg

A rally in technology companies lifted stocks ahead of this week’s results from industry giants valued at more than US$10 trillion, with traders also bracing for the Federal Reserve rate decision.

US stocks rise in run-up to tech results as oil falls

Wall Street's main stock indices advanced on Tuesday as optimism around the artificial intelligence (AI) trade persisted ahead of a raft of key corporate earnings, while easing oil prices also supported risk appetite heading into the Federal Reserve's policy decision this week.

Wall St rises as AI momentum holds heading into key earnings, Fed decision

Whirlpool Corp slashed its full-year outlook for the third time this year and forecast its first annual loss in decades, citing a sluggish consumer environment and high commodity prices.

Whirlpool cuts outlook again on lacklustre demand, soaring costs

General Motors (GM) said on Tuesday it would transfer the listing of its common stock to Nasdaq from the New York Stock Exchange, joining a growing number of companies looking to align themselves with the tech-heavy exchange.

GM moves to Nasdaq as first legacy automaker on the exchange

Coca-Cola Co raised its 2026 full-year outlook on strong international demand for soda, especially its zero-sugar drinks.

Coca-Cola raises guidance, buoyed by soda sales abroad

Marvell Technology Inc has reached a deal to buy data centre optics maker Lumentum Holdings Inc at an enterprise value of US$115 billion (RM466.4 billion), one of the biggest tech tie-ups ever, in a race to capitalise on the artificial intelligence (AI) boom.

Marvell reaches US$115 bil deal for Lumentum 

On a typically muggy Taipei day, dozens of eager Taiwanese investors packed into a conference room. Their latest obsession: the sprawling suburbs of the Arizona desert, more than 7,000 miles from the dense neighbourhoods and narrow alleys of the island metropolis.

TSMC’s US$265 bil campus driving real estate boom in Phoenix suburbs

A hacking attack on European supermarkets spread across the continent on Monday, hitting fridges and freezers from Sweden to Belgium and forcing stores to throw away food in an incident that echoed a similar attack in France last month.

New cyberattack on supermarket fridges sweeps across Europe

US manufacturing activity picked up in October, supported by the strongest production growth in nearly five years.

US manufacturing activity accelerates as production picks up

Anthropic PBC reported third-quarter (3Q) revenue of nearly US$17 billion (RM68.95 billion) as of Sept 30, a twelve-fold increase versus the same period a year ago that’s set to stoke anticipation for the artificial intelligence (AI) lab’s potentially record-breaking  initial public offering (IPO).

Anthropic 3Q revenue hits nearly US$17 bil before blockbuster IPO

Oracle plans to raise US$20 billion (RM81.4 billion) through bond and share sales, regulatory filings showed on Monday, as the software giant taps investors to fund its costly AI and cloud infrastructure build-out.

Oracle taps investors for US$20b to finance AI expansion

Chinese regulators have rolled out a handful of measures, from conducting swap operations to upgrading a lending facility for stock buybacks by listed companies, as part of efforts to stabilise struggling capital markets.

China rolls out support measures to aid struggling stocks

Goldman Sachs Group Inc has irked some of its staff after it banned most of them from using advanced artificial intelligence (AI) tools designed for coding after reviewing productivity and risk concerns.

Goldman restricts traders and bankers from using some AI tools — Bloomberg

Here is a brief recap of some business news and corporate announcements that made the headlines on Monday:

United Malacca, Handal Energy, CTOS Digital, ISF Group, Mega Fortris, GIIB, Ni Hsin, Econpile, Infomina, Signature Alliance, Pekat, Kretam

Tony Lim, the founder of popular Malaysian food and beverage (F&amp;B) chains BananaBro and Boat Noodle, has died at the age of 47.

BananaBro, Boat Noodle founder Tony Lim dies at 47 

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Summary

•&nbsp;&nbsp; &nbsp;JCorp and CVC, together with the EPF, are shareholders of the fast-food businesses through Massive Equity Sdn Bhd

•&nbsp;&nbsp; &nbsp;Massive Equity wholly owns...

JCorp, CVC said to eye exit from KFC and Pizza Hut

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Summary

•&nbsp;&nbsp; &nbsp;Menara Tun Perak’s listed book value is around RM65.87 million. The building is currently on a 10-year triple-net lease deal with PNB, which generates a minimum rental in...

Menara Tun Perak, Maybank’s former KL headquarters, up for sale, sources say

The Seremban High Court on Monday ruled that the appointment of lawyers in private practice to represent Negeri Sembilan state secretary Datuk Mohd Zafir Ibrahim and the state government is valid under Section 24(3) of the Government Proceedings Act 1956.

High Court dismisses Negeri Sembilan excos objection against private lawyers representing state govt, state secretary   

Ray-Ban heir Leonardo Maria Del Vecchio proposed buying out his family members from their shared investment vehicle, in a bid to keep the EssilorLuxottica SA eyewear fortune from Czech arms billionare Michal Strnad.

Ray-Ban heir proposes family buyout after €31 bil Czech bid

KUALA LUMPUR (Nov 2): Lawmakers have called for reforms to the Malaysian Anti-Corruption Commission (MACC) Act 2009 and urged the government to make the findings of investigations involving former MACC chief commissioner Tan Sri Azam Baki public to prevent future abuse of power.

Lawmakers urge MACC reforms, renew call for public release of Azam Baki probe findings

PETRONAS has signed farm-out agreements with French energy giant TotalEnergies and national oil companies of Kuwait and Thailand for two gas fields offshore Sarawak.

PETRONAS signs farm-out agreements for fields offshore Sarawak

The mass exit of Zetrix AI Bhd’s (KL:ZETRIX) three independent directors last week marks the total departure of all four of the group’s independent directors in less than three weeks, leaving behind only three executive directors on its once seven-member board.

Frankly Speaking: An exodus that leaves Zetrix without independent oversight

Malaysian Border Control and Protection Agency (AKPS) director general Datuk Seri Mohd Shuhaily Mohd Zain returned to work on Monday after taking a week’s leave following his court charge over allegations of assaulting two junior officers.

Border Control DG Shuhaily returns to duty

KUALA LUMPUR (Nov 2): Pekat Group Bhd (KL:PEKAT) is acquiring six adjoining freehold industrial plots in Nilai, Negeri Sembilan, from Sime Darby Property Bhd (KL:SIMEPROP) for RM30.58 million.

Pekat buys six industrial land plots in Nilai from Sime Darby Property for RM31 mil

CTOS Digital Bhd (KL:CTOS) said on Monday that all credit reporting services affected by a cybersecurity breach have been restored following the implementation of remediation measures and enhanced security controls.

CTOS fully restores services following cybersecurity breach

HSBC expects the ringgit to weaken in 2027, as a resilient greenback and widening interest rate differentials weigh on the local currency.

HSBC expects a weaker ringgit into 2027, gold may recover

Malaysia has sufficient food supply capacity for at least six months and sees no need for emergency stockpiling measures despite concerns over potential disruptions to essential supplies, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said.

Zahid: Malaysia has six-month food supply, no emergency measures needed

Shares of three companies linked to businessman Datuk Ng Meng Kee — Mega Fortris Bhd (KL:MEGAFB), GIIB Holdings Bhd (KL:GIIB) and Ni Hsin Group Bhd (KL:NIHSIN) — rebounded sharply on Monday after suffering steep losses last week, with all three counters recording double-digit percentage gains.

Mega Fortris, GIIB and Ni Hsin rebound after last week's sell-off

Malaysia's strong export performance and foreign direct investment (FDI) inflows may not translate into equivalent gains for the ringgit, as profit repatriation by multinational companies and growing investments abroad offset some of the benefits, according to HSBC Malaysia.

Profit repatriation, AI investment risks could limit ringgit gains — HSBC

IOI Properties Group Bhd (KL:IOIPG) has promoted Ho Kwok Wing as its chief operating officer for property development in Malaysia.

IOI Properties promotes Ho Kwok Wing as operations chief

ALOR GAJAH (Nov 2): The launch of two new hybrid vehicle models by EP Manufacturing Bhd (KL: EPMB) is expected to strengthen Melaka’s position as an automotive manufacturing hub, while also increasing production capacity and creating more high-skilled job opportunities in the state.

Launch of two new hybrid models by EP Manufacturing boosts Melaka’s automotive industry

Google is allocating US$160 million (RM651 million) to fund new shared water infrastructure in Negeri Sembilan to support local community needs and its upcoming data centre operations at the Springhill Industrial Park in Port Dickson.

Google allocates RM651m to build water infrastructure in Negeri Sembilan

Businessman Datuk Farhash Wafa Salvador said allegations linking him to&nbsp;intelligence agency Malaysia External Intelligence Organisation (MEIO) had caused him problems when travelling abroad.

Farhash tells court 'spy' claims caused him problems abroad 

IndiGo will introduce a three-class cabin on its Airbus SE A350 fleet as India’s largest airline broadens its appeal beyond its traditional no-frills offering and expands long-haul operations, its top executive said.

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