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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November 5, 2025
Gold slips on stronger dollar as market awaits US jobs data
Gold prices fell more than 1% as the dollar hit multi-month highs, while traders awaited U.S. economic data for clues on the Federal Reserve’s monetary policy path. U.S. gold futures for December delivery eased 1.3%.
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November 5, 2025
Dollar Four-month highs against euro
The dollar rose to a four-month high against the euro as divisions in the Federal Reserve raised doubt about the prospect of another rate cut this year, while a risk-off move sent investors seeking the U.S. currency for safety.
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November 5, 2025
AMD forecasts fourth-quarter revenue above estimates
AMD forecast fourth-quarter revenue above market estimates, betting on the multibillion-dollar expansions of data center infrastructure to boost demand for its artificial intelligence chips. The company expects revenue of about $9.6 billion for the quarter.
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