Perplexity launches AI-powered patent search tool for all users

Meta is preparing to launch a $25 billion bond sale as the company faces a significant stock sell-off, losing $200 billion in market value. This downturn is largely attributed to rising costs associated with artificial intelligence investments, which have raised concerns among investors about the company's financial stability. The situation highlights the challenges tech companies face in balancing innovation with investor confidence.

Jerome Powell, the chair of the Federal Reserve, has raised concerns about the impact of artificial intelligence on the job market, stating that job creation is nearly stagnant. While AI-driven investments are supporting economic growth, they are simultaneously leading to a decline in hiring. This situation highlights the challenges policymakers face in balancing technological advancement with employment opportunities, making it a critical issue for the future of work.

Meta Platforms' stock has taken a hit following Deutsche Bank's decision to lower its price target, primarily due to concerns over the company's spending on artificial intelligence. This news is significant as it reflects broader market sentiments about tech investments and could influence investor confidence in Meta's future growth prospects.

Meta's recent Q3 earnings report has sent its stock tumbling, prompting Bank of America to adjust its price target. CEO Mark Zuckerberg highlighted the growing usage of Meta AI, with over a billion monthly active users, but the overall market reaction has been unfavorable. This matters because it reflects investor concerns about Meta's financial health and future growth prospects, especially in a competitive tech landscape.

Airbnb CEO Brian Chesky recently highlighted the importance of hiring Gen Z, stating that while AI can handle tasks typically assigned to interns, companies that neglect this generation may find themselves losing future leadership to automation. This perspective emphasizes the need for businesses to adapt and invest in young talent to ensure sustainable growth and innovation.

Insight Enterprises reported its Q3 2025 results, revealing that while revenue has declined, margin gains have helped offset this downturn. The company's strategic pivot towards artificial intelligence is a significant factor in its performance, highlighting the ongoing transformation in the tech industry. This shift not only reflects Insight's adaptability but also underscores the growing importance of AI in driving business efficiency and profitability.

ServiceNow has exceeded expectations and raised its outlook, thanks to automation that is reducing costs and improving profit margins. CEO Bill McDermott discussed with Caroline Hyde on Bloomberg how artificial intelligence is transforming the company's growth narrative. This is significant as it highlights the increasing role of AI in enhancing business efficiency and profitability.

Saudi Arabia's Economy Minister Faisal Alibrahim recently shared optimistic projections for the Kingdom's GDP growth, expecting an increase of 4.8–5.1% in 2025 and 6.5% in 2026. This marks a significant shift as non-oil activities now account for 56% of the real GDP, surpassing traditional oil and government sectors for the first time. Alibrahim highlighted the importance of Vision 2030, which aims to diversify the economy by promoting private sector innovation and technological advancements, especially in AI. This transition is crucial for reducing the Kingdom's reliance on oil and fostering sustainable economic growth.

A judge has expressed skepticism regarding the Trump administration's recent decision to suspend food stamps, raising concerns about the potential impact on vulnerable populations. This decision matters because food assistance programs are crucial for many families facing economic hardships, and any changes could significantly affect their access to essential resources.

The Eastern Company has announced a quarterly dividend of $0.11 per share, a move that reflects its strong financial performance and commitment to returning value to shareholders. This decision is significant as it not only rewards investors but also signals the company's confidence in its ongoing growth and stability in the market.

Universal Music has reported a 4.5% increase in revenue for Q2 2025, showcasing the company's strong performance in the music industry. This growth is significant as it reflects the rising demand for music streaming and digital sales, indicating a positive trend for the future of the company and the industry as a whole.

Skyward Specialty has exceeded expectations in its Q3 2025 earnings call, leading to a significant surge in its stock price. This positive performance not only highlights the company's strong financial health but also boosts investor confidence, making it a noteworthy event in the financial sector.

Chipotle's shares have taken a significant hit as investors react to concerns over tariffs and weak consumer spending. This decline highlights the challenges the company faces in maintaining its growth amidst economic pressures. Understanding these factors is crucial for stakeholders as they navigate the uncertain market landscape.

UDR's Q3 2025 earnings call revealed that the company exceeded its guidance, prompting a positive revision of its outlook. This is significant as it indicates strong performance and growth potential in the real estate sector, which can boost investor confidence and attract more capital.