Financial Summary: Monday, November 3, 2025

Nearly two dozen states are suing the Trump administration over a new rule that restricts student loan forgiveness for public service workers.

Kim Kardashian opened up about her financial insecurities during her marriage to Kanye West, shedding light on the challenges of shared finances.

Larsen and Toubro reports steady growth and plans to expand into green hydrogen and semiconductors.

Mapletree Investments and CapitaLand Investment are considering a merger to create a $150 billion real estate entity in Singapore.

PNB Housing Finance is set to appoint a new MD and CEO, with Tata Capital's Ajai Shukla as a leading candidate.

Mahindra & Mahindra shares rose 3% following record SUV and tractor sales in October.

Godrej Consumer's shares rallied 6% after Goldman Sachs raised its target price, despite a decline in Q2 profit.

BPCL reported a 170% YoY increase in Q2 net profit, driven by improved refining margins and government support.

Ambuja Cements reported a remarkable 268% increase in Q2 net profit to Rs 1,766 crore.

Bharti Airtel reports an 89% YoY increase in Q2 net profit to Rs 6,792 crore, driven by a 26% rise in revenue.

Kimberly-Clark announces plans to acquire Kenvue, the maker of Tylenol, for over $40 billion.

Microsoft signs a $9.7 billion contract with IREN for Nvidia chips, bolstering its AI and cloud computing capabilities.

InterGlobe Aviation is expected to report mixed Q2 results with revenue growth of up to 13% YoY.

Godfrey Phillips India reported a 23% increase in Q2 profit, reaching Rs 305 crore.

Titan Company saw a remarkable 59% YoY profit increase to Rs 1,120 crore in Q2, driven by strong demand in its jewellery segment.

Oyo's parent company PRISM plans to introduce a new inclusive bonus structure for shareholders.

Square Yards reported a 43% revenue growth in Q2, leading to profitability driven by fintech operations.

Amazon's stock rose following a $38 billion deal with OpenAI to utilize Nvidia chips.

Alstom announced plans to expand its workforce in Plattsburgh to fulfill a rail car order from NJ Transit.

Ford and Hyundai reported significant declines in October EV sales as federal EV credits came to an end.

Tesla is facing a widening federal investigation into safety issues related to its electronic door handles.

Moët Hennessy has filed a defamation lawsuit against a former employee over sexual harassment claims.

Warren Buffett's Berkshire Hathaway reportedly reduced its stake in Apple, with a $1.2 billion decrease in its consumer products equity holdings.

Nvidia's market capitalization surged by nearly $100 billion in just a few days, reflecting strong investor confidence.

UK small businesses are facing challenges in benefiting from trade deals, prompting calls for more government support for exporters.

The liberal D66 party is gaining traction in the Netherlands elections, signaling a potential revival of the political center in Europe.

China's factory activity has unexpectedly slowed in October, raising concerns despite a recent trade truce with the U.S.

The EU is contemplating the establishment of a regulatory body similar to the US SEC to oversee stock and cryptocurrency markets, facing some opposition.

Russian officials reaffirm their alliance with China following a recent meeting between President Trump and Xi Jinping.

UK Prime Minister Starmer hints at potential income tax increases in the upcoming Budget to address national debt without drastic public spending cuts.

Former President Trump opts not to attend Supreme Court arguments regarding tariffs, following unfavorable lower court rulings.

Baidu's Apollo Go has achieved a milestone of operating 250,000 robotaxis weekly, matching Waymo's performance.

A report indicates that 95% of enterprise GenAI pilots are failing, revealing significant challenges in AI implementation.

OpenAI has signed a $38 billion computing deal with Amazon to enhance its AI capabilities using Nvidia processors.

Lambda and Microsoft have entered a multibillion-dollar agreement to improve AI infrastructure with Nvidia chips.

India's banking sector attracts over $6 billion in foreign direct investment, signaling renewed global confidence in private banks.

The Indian government boosts funding for its rare earth magnet incentive program to $788 million to enhance domestic production.

Gold prices declined as China announced the termination of tax incentives for gold sales effective November 1.

U.S. natural gas futures are on the rise due to forecasts predicting increased heating demand amid colder winter weather expectations.

Treasury yields have stabilized as uncertainty surrounds a potential rate cut by the Fed in December due to ongoing government shutdowns.

Ether prices fell by 7% following a major hack of a decentralized finance protocol, raising investor concerns.

Fed Governor Lisa Cook indicated uncertainty regarding a December rate cut, highlighting the importance of upcoming economic data.