Reid Robertson
Financial News Writer
Reid brings experience in investor relations, content creation, and asset management, having passed his SIE and Series 65 certifications. He applies his stock market proficiency to authoring news reports at StockAnalysis.com.
Articles by Reid
SpaceX and Tesla could announce a merger as soon as December, while Texas' next attorney general vows scrutiny
SpaceX and Tesla are making progress in merger talks and could announce a deal as soon as December. Texas Attorney General-elect Nathan Johnson says such a merger warrants tremendous scrutiny.
Nebius beats Q3 revenue estimates, shares fall as data center delays weigh on 2026 outlook
Nebius reported Q3 revenue of $981M, up 571% and above the $907.5M analysts expected. However, shares fell about 11% premarket as delays at partner data centers put 2026 revenue at the low end of the forecast.
Mortgage rates jump to 7.30%, ending four weeks of declines
The average 30-year fixed mortgage rate rose by 0.12% to 7.30% on Tuesday. The jump follows a month of lower rates that had brought buyers back to the market.
CoreWeave jumps 15% premarket, raises 2026 revenue forecast
CoreWeave shares are higher pre-market after it raised its 2026 revenue forecast to $13.0B-$13.3B. On its call the AI cloud provider said it will fund growth with customer prepayments and contract-backed loans instead of new unsecured bonds.
Fed's Waller favors a December rate hike, welcomes a half-point increase if inflation runs hot
Federal Reserve Governor Christopher Waller is leaning toward a quarter-point rate hike in December. He says a half-point move should be considered if October core inflation comes in near 0.3% or higher.
Anthropic targets $64.4B in IPO, at a valuation of up to $1.4T
Anthropic plans to sell shares at $70–$78 each in its IPO, raising up to $64.4B. The proposed price range values Anthropic at up to approximately $1.4T.
OpenAI's new GPT-6 Cyber finds 81 Firefox flaws and 948 Linux bugs
OpenAI launched GPT-6 Cyber, rated "Critical" in cybersecurity under its risk framework, to a select group of vetted customers on Thursday.
Micron halts work on $4.5B Taiwan memory plant over a labor dispute
Micron has suspended its $4.5B memory plant in northern Taiwan as a labor dispute drags on, leaving shareholders worried about market share losses.
Democrats' Congressional triumph sets up a 2027 fight over the $41.1T debt limit
Democrats are set to take control of Congress in January, meaning any increase in the $41.1T federal borrowing limit will need their votes.
Novo Nordisk beats Q3 profit forecast with 27% growth, raises 2026 outlook
Novo Nordisk's Q3 adjusted operating profit grew 27%, above expectations, and the Wegovy maker raised its 2026 sales and profit outlook range to between a 2% decline and 2% growth.
U.S., Russia, and China discuss first-ever Trump–Putin–Xi summit
The United States, Russia, and China are discussing a three-way meeting of Donald Trump, Vladimir Putin, and Xi Jinping. The idea has been floated for the APEC summit in Shenzhen on November 18-19.
Tesla's China-made EV sales rise 10.3% YoY but fall 28.9% MoM
Tesla sold 67,829 China-made vehicles in October, up 10.3% from a year earlier, though sales fell 28.9% from September.
Binance net outflows reach $4.7B following its $6.3B hack
Binance customers have pulled a net $4.72B from the crypto exchange since withdrawals reopened on Sunday.
U.S. GDP jumps 3.4% in the third quarter as September PCE rises 3.6%
Real GDP increased at a 3.4% annual rate in Q3, up from 2.2% in Q2, while the PCE price index rose 3.6% from a year earlier in September.
Fed holds rates steady at 3.75% to 4.00% in a 10-2 vote
The FOMC left the federal funds target range at 3.75% to 4.00%, with Lisa Cook and Beth Hammack dissenting in favor of a quarter-point increase.
Nvidia to invest $3B in Meta's planned equity offering
Nvidia plans to invest $3B in Meta Platforms' equity offering as the companies expand work on Muse AI models.
Anthropic files for IPO, plans Nasdaq listing under "ANT"
Anthropic, the AI lab behind Claude, filed a Form S-1 on October 26 to IPO on the Nasdaq under ticker "ANT."
Musk says SpaceX closed $40B in debt financing for Nvidia GPUs
Elon Musk confirms SpaceX has closed $40B in debt financing, mostly callable, for graphics processing units to arrive in Q1 and Q2 of next year.