Financial Summary: Tuesday, November 4, 2025

Denny's is going private in a $322 million deal, offering shareholders a 52% premium on their shares.

Palantir raises its 2025 sales outlook due to strong quarterly growth fueled by AI adoption.

Starbucks partners with Boyu Capital to revitalize its business in China amid declining sales.

Ørsted sells half of the world's largest offshore wind farm to Apollo for $6.5 billion to strengthen its market position.

Brookfield Asset Management plans to invest $12 billion in Andhra Pradesh's renewable energy sector as part of a $100 billion expansion in India by 2030.

3M India shares surged 13% after a 43% YoY increase in Q2 profit, prompting ICICI Securities to raise its target price.

Cipla announced the acquisition of Inzpera Healthsciences for Rs 111 crore, enhancing its pediatric and wellness portfolio.

Tata Consumer Products reported an 11% YoY rise in Q2 profit, leading brokerages to raise their target prices.

Bharti Airtel shares rose over 2% following an 89% YoY profit surge in Q2, reflecting strong business growth.

IndiGo reported a significant loss of Rs 2,582 crore in Q2, reversing its profit from the previous quarter due to currency depreciation and rising costs.

Uber's stock fell 8% despite reporting strong revenue growth, highlighting investor concerns over future profitability.

Pine Labs plans to raise $439 million through an IPO, marking a significant move in the Indian fintech space.

Palantir's stock dropped 8% amid valuation concerns and a short position revealed by hedge fund manager Michael Burry.

Rivian and Lucid face production challenges as both companies adjust their Q3 vehicle production and earnings forecasts.

Apollo Global's withdrawal of its offer to take Papa John's private led to a nearly 20% drop in the pizza chain's stock.

Beta Technologies, an Amazon-backed eVTOL company, made its debut on the NYSE at $34, marking a significant milestone for the industry.

IBM announced plans to cut thousands of jobs in Q4 despite reporting stronger-than-expected earnings driven by software revenue.

Sequoia Capital's managing partner Roelof Botha announced his departure, leading to a leadership transition at the venture firm.

Asian markets are expected to decline amid concerns over high valuations and potential pullbacks, despite a tech rally in Wall Street.

Gold prices fell after China announced the end of a tax incentive on gold sales, effective November 1.

The Indian stock market experienced a significant sell-off, with Nifty and Sensex dropping due to declines in IT, auto, and metal sectors.

Despite the downturn, several BSE 200 stocks reached new 52-week highs, indicating pockets of bullish momentum.

Oil prices declined due to a stronger dollar and concerns over oversupply in the market.

Bitcoin's price dropped to $101,000 amid increasing selling pressure and concerns over a government shutdown affecting market momentum.

U.S. natural gas futures continued their upward trend, closing higher as weather forecasts indicated increased demand for the upcoming week.

Two tech companies have announced significant share splits, creating new investment opportunities.

Jim Cramer commended D-Wave Quantum's CEO, Dr. Baratz, for his impactful leadership in quantum computing.

Perplexity AI has accused Amazon of pressuring it to limit user purchases on its Comet browser.

OpenAI has launched its short-form AI video app Sora for Android users in the U.S. and Japan.

A Florida nurse is earning up to $25,000 a month by supercommuting to the Bay Area, showcasing the pros and cons of remote work.

Increased donations to hunger relief organizations are helping to address a SNAP benefits crisis amid ongoing food insecurity.

Financial expert Suze Orman warns that many Americans are underestimating retirement costs and provides steps for better financial planning.

A study reveals that many Gen Z individuals are tapping into their retirement savings to manage financial hardships.

Experts outline the financial requirements for maintaining a $300K lifestyle in retirement, emphasizing the need for substantial savings.

The Indian government is reviewing digital banking units of public banks to enhance financial inclusion and customer service.

Retail sales in India increased by 8.5% during the festival season, although economists caution about potential economic challenges.

McDonald's India franchisee Westlife is set to introduce a 20-minute delivery service to improve customer convenience.

Foreign investors are reducing their stakes in Indian consumer stocks despite a recent consumption tax cut.

India's economy is showing signs of recovery with improved GDP growth forecasts amid global market fluctuations.

President Trump calls on New Yorkers to back Governor Cuomo, warning of federal funding cuts if socialist candidate Mamdani wins the election.

The U.S. government shutdown is on track to become the longest in history as a Republican-backed stopgap resolution fails in the Senate for the 14th time.

Japan's manufacturing PMI drops to a 19-month low in October, signaling weak demand and rising costs, though recovery hopes remain.

'KPop Demon Hunters' is increasing global interest in K-culture, impacting sectors like music, cosmetics, and food.

Chancellor Reeves asserts she will not resign if income tax is raised in the upcoming budget, indicating potential tax increases for businesses.