SEC investigates Jefferies over First Brands collapse, report says

SEC investigates Jefferies over First Brands collapse, report says

The Jefferies Financial Group Inc. headquarters in New York, US, on Monday, Oct. 20, 2025. Michael Nagle | Bloomberg | Getty Images The U.S. Securities and Exchange Commission is investigating Jefferies’ relationship into bankrupt auto parts maker First Brands Group, The Financial Times reported Thursday. The newspaper, citing people with knowledge of the matter, said … Read more

Stocks making the biggest moves premarket: Nvidia, Walmart, Palo Alto Networks & more

Stocks making the biggest moves premarket: Nvidia, Walmart, Palo Alto Networks & more

Check out the companies making headlines before the bell: Nvidia — The chipmaker popped 5% after it reported fiscal third-quarter results that were well above expectations. Nvidia’s fourth-quarter revenue guidance was also stronger than analysts anticipated. Walmart — The retail giant rose slightly on better-than-expected results for the third quarter. Walmart earned an adjusted 62 … Read more

‘Robotaxi has reached a tipping point’: Baidu, Nvidia leaders see momentum as competition rises

‘Robotaxi has reached a tipping point’: Baidu, Nvidia leaders see momentum as competition rises

Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu BEIJING — Chinese robotaxi companies are expanding abroad at a faster clip than U.S. rivals Waymo and Tesla — at a time when industry leaders say autonomous driving is finally near an inflection point. “I … Read more

Alibaba is helping Chinese military to target U.S., White House memo claims: FT

Alibaba is helping Chinese military to target U.S., White House memo claims: FT

BEIJING — Alibaba is helping the Chinese military to target the U.S., according to a White House memo, the Financial Times reported Friday. The memo alleged “Alibaba provides tech support for Chinese military ‘operations’ against targets in the U.S.,” according to the FT. The FT said it could not independently verify the claims, and did … Read more