Indonesia’s new capital, Nusantara, in danger of becoming a ‘ghost city’

LeBron James is making headlines with his ambitious plans for a dual-mansion empire in Beverly Hills, designed with his son Bronny in mind. This construction project not only showcases LeBron's success and influence in the real estate market but also highlights his commitment to family and legacy. As the project heats up, it reflects the growing trend of athletes investing in luxury properties, which can inspire others in the sports community to consider similar ventures.

Scatec has reported a remarkable 22% increase in revenue for Q3 2025, driven by unprecedented construction activity in the renewable energy sector. This surge not only highlights the company's robust growth but also underscores the increasing demand for sustainable energy solutions. As the world shifts towards greener alternatives, Scatec's performance is a positive indicator of the industry's potential and its role in combating climate change.

Indonesia's stock market closed on a high note, with the IDX Composite Index rising by 0.35%. This uptick reflects growing investor confidence and a positive economic outlook, which is crucial for the country's financial stability and growth. Such movements in the stock market can influence investment decisions and economic policies, making it an important indicator of Indonesia's economic health.

Caterpillar, a century-old stock known for its construction and mining equipment, is making waves in the AI sector with its recent Q3 2025 performance. This shift highlights the company's adaptability and innovation, showing that even traditional industries can embrace new technologies. Investors are taking notice, as Caterpillar's move into AI could signal a promising future for the company and its shareholders.

Caterpillar's shares have surged following a robust sales growth, particularly driven by its engine business. The company reported strong demand for its power generators and has raised its sales-growth forecast for the year. This positive momentum not only reflects Caterpillar's resilience in the market but also indicates a growing confidence in the construction and mining sectors, which is crucial for economic recovery.

Indonesia's stock market closed on a high note, with the IDX Composite Index rising by 0.61%. This positive movement reflects growing investor confidence and could signal a robust economic outlook for the country. As markets fluctuate globally, Indonesia's performance stands out, potentially attracting more foreign investment and boosting local businesses.

Komatsu Ltd. is facing challenges as its shares dropped following a report of the lowest operating profit in three years. The decline is attributed to a stronger yen, reduced shipment volumes, and increasing costs in its core business sectors, including construction and mining equipment. This situation is significant as it highlights the pressures on the company and the broader implications for the construction and mining industries.

PT Bank Jago, a digital lender in Indonesia, has reported a remarkable increase in profit, more than doubling in the first nine months of the year. This surge is largely attributed to a significant rise in interest income, which has been fueled by the growing usage of their app. This news is important as it highlights the increasing acceptance and reliance on digital banking solutions in Indonesia, showcasing the potential for further growth in the fintech sector.

Penny Pennington, the Managing Partner at Edward Jones, recently shared insights on market volatility during an interview on 'The Close' with Katie Greifeld and Romaine Bostick. She noted that clients are not only aware of the potential for market swings but are also ready to seize opportunities that arise from them. This proactive approach reflects a growing confidence among investors, which is crucial for market stability and growth.

MercadoLibre's CFO, Martin de los Santos, recently shared exciting insights about the company's growth potential in Latin America. By leveraging AI, MercadoLibre is empowering its 20,000 developers to be more proactive, which is crucial for enhancing their platform. This investment in technology not only positions the company for future success but also highlights the increasing importance of AI in driving innovation in the region.

Marcelo Cataldo, the CEO of Digicel, highlights the potential for growth in smartphone adoption in the Caribbean, which currently trails behind regions like Latin America and Europe. In a conversation on 'The Close,' he emphasizes the opportunity to enhance connectivity and data usage, suggesting that many users still depend on voice services. This insight is crucial as it points to a significant market potential that could lead to improved communication and economic development in the region.

Ford's Q3 2025 earnings report has exceeded expectations, leading to a significant surge in its stock price. This positive financial performance highlights the company's strong market position and effective strategies, which are crucial for investors and stakeholders. As Ford continues to innovate and adapt to market demands, this earnings beat not only boosts investor confidence but also sets a promising tone for future growth.

GoDaddy has reported a 10% increase in revenue for Q3 2025, highlighting the effectiveness of its AI initiatives in driving growth. This positive trend not only reflects the company's strong performance but also underscores the increasing importance of technology in enhancing business operations. As GoDaddy continues to innovate, it sets a benchmark for others in the industry, showcasing how embracing AI can lead to substantial financial gains.

Old Republic has reported a strong performance in its Q3 2025 earnings call, surpassing expectations with a higher-than-anticipated earnings per share (EPS). This positive news has led to fluctuations in the stock price, reflecting investor interest and confidence in the company's future. Such results are significant as they indicate the company's resilience and potential for growth in a competitive market.