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Capital One Profits Rise as Credit Card Spending Rebounds

McLean, Wednesday, 21 October 2026.
Capital One posted a $3.5 billion third-quarter profit as credit card spending surged 11%, beating market forecasts while releasing $225 million in loan loss reserves.

Artificial Intelligence Giant Anthropic Reports Massive Losses Amid Surging Revenues

San Francisco, Wednesday, 21 October 2026.
Anthropic posted an $80.7 billion first-half net loss, driven by $72 billion in non-cash accounting charges, despite revenue surging to $16.3 billion ahead of its planned initial public offering.

SpaceX Earns First Public Profit as Artificial Intelligence Revenue Beats Satellite Services

Hawthorne, Wednesday, 21 October 2026.
SpaceX reported a $4.4 billion third-quarter profit as AI segment revenue nearly tripled to $7.56 billion, officially outpacing Starlink connectivity sales to drive total revenues up 161% year-over-year.

Revolve Renewable Power Expands Clean Energy Portfolio Despite Fiscal Losses

Vancouver, Wednesday, 21 October 2026.
Revolve Renewable Power reported its fiscal 2026 results, achieving a 7% increase in recurring revenues while securing over $35 million in fresh financing to expand North American clean energy operations.

Travel Demand Powers United Airlines to Record Sales Despite Soaring Fuel Costs

Chicago, Wednesday, 21 October 2026.
United Airlines generated a record $17.9 billion in third-quarter revenue driven by 49.5 million passengers, successfully absorbing a 62% surge in fuel costs.

Locked Brakes Cause American Airlines Jet to Blow Tires at Chicago Airport

Chicago, Wednesday, 21 October 2026.
A Boeing 787 from Spain blew two tires during landing at Chicago O’Hare after its brakes locked up. All 245 passengers and crew were evacuated safely.

Netflix Shares Drop as Future Sales Outlook Misses Target

Los Gatos, Tuesday, 20 October 2026.
Despite beating profit expectations, Netflix stock fell on weak upcoming sales forecasts and a lowered advertising projection, following major executive departures and a 1,000-person layoff.

Elon Musk Shifts Strategy to Build Massive Chip Factory After Industry Rejections

Austin, Tuesday, 20 October 2026.
After Intel, TSMC, and Micron rejected direct buyout offers, Elon Musk pivoted to building a $16.8 billion Texas chip plant using strategic partnerships to drive his artificial intelligence ambitions.

Super Micro Computer Secures Massive AI Orders but Trades at a Surprising Discount

San Jose, Tuesday, 20 October 2026.
Despite securing over $60 billion in server orders, Super Micro Computer trades at a steep discount due to legal and export control concerns, creating a sharp divide among investors.

Federal Aviation Administration Certifies Long-Delayed Boeing Jet

Washington, Tuesday, 20 October 2026.
The Federal Aviation Administration officially approved Boeing’s 737 MAX 10 for commercial service on Tuesday, unlocking over 1,500 pending orders and marking a key step in the manufacturer’s recovery.