November 7, 2025
The U.S. dollar fell against the Swiss franc
The U.S. dollar fell against the euro and Swiss franc for a second straight session as data showed weakness in the U.S. labor market, increasing expectations of another rate cut this year. Meanwhile, sterling rose after the Bank of England kept rates unchanged ahead of this month’s budget.
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November 7, 2025
Wall Street ends lower on tech valuations, economic jitters
U.S. stocks closed in negative territory, with a resumption of Tuesday’s tech selloff as investors contended with mounting economic uncertainty and stretched valuations. All three major U.S. equity indexes lost ground as risk appetite was dampened by worries over inflated stock prices
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November 7, 2025
Airbnb third-quarter profit, revenue get a lift from strong international demand
Vacation rental firm Airbnb posted higher third-quarter profit and revenue, helped by strong bookings in markets such as Latin America and Asia Pacific. Shares of the company rose 4.6% after the bell.
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November 6, 2025
OpenAI is not working on an IPO yet, WSJ reports
OpenAI CFO Sarah Friar said that an IPO is “not on the cards” for the company in the near term, the Wall Street Journal reported. Friar said the AI firm is prioritizing growth and research over profitability, and that its recent structural changes do not signal an imminent listing.
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November 6, 2025
NFTs hit the brakes: Market cap tanks 46% in just 30 days
The non-fungible token market has lost nearly half its value in the past 30 days, even as trading activity picked up in October. CoinGecko data shows that the global NFT market capitalization plunged from about $6.6 billion on October 5 to $3.5 billion.
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November 6, 2025
UK’s FTSE 100 clinches new record close
UK’s FTSE 100 scaled a fresh record close after starting on a quiet note, while investors await the Bank of England’s interest rate decision and more corporate earnings later this week. The blue-chip index finished 0.6% higher, surpassing its previous record close last Thursday.
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