Wall Street Next

latest news in companies

Worksport Nears Financial Breakeven as Cash Burn Plummets

West Seneca, Tuesday, 3 November 2026.
Worksport slashed operating cash use by 95% since early 2026 to $0.37 million, generating record preliminary sales of $7.2 million and positioning the manufacturer for cash flow breakeven.

Roku Delivers Record Profit Surge as Fox Acquisition Nears Completion

San Jose, Tuesday, 3 November 2026.
Roku’s quarterly net income surged seven-fold to $183 million, driven by robust ad growth that exceeded expectations ahead of its pending $22 billion acquisition by Fox.

European Tech Firm Reaches Top Ten for Decade-Long Business Growth

London, Tuesday, 3 November 2026.
Polish consultancy Innowise ranked seventh among 300 European leaders, proving that organic expansion can outperform broader economic turmoil over a full ten-year market cycle.

Direct Gene Correction Cures Severe Inherited Liver Disease in Groundbreaking Clinical Trial

Geneva, Tuesday, 3 November 2026.
A landmark clinical study confirms direct in vivo base editing successfully repaired mutated liver DNA at lowest doses with zero off-target edits, permanently restoring vital protective proteins without ongoing therapy.

PNY Introduces Ultra-Fast Storage Drive Ahead of Peak Gaming Season

Parsippany, Tuesday, 3 November 2026.
PNY’s latest drive can transfer 179 gigabytes in approximately one minute, delivering crucial high-speed capacity for console and PC users ahead of demanding holiday blockbusters.

Marvell to Acquire Lumentum in Landmark $115 Billion Tech Merger

Santa Clara, Tuesday, 3 November 2026.
Despite creating a historic $115 billion optical connectivity giant to power artificial intelligence infrastructure, shares of both Marvell and Lumentum tumbled sharply following the all-stock deal’s announcement.

Amazon Resumes Space Race Against Starlink With Milestone Rocket Launch

Cape Canaveral, Tuesday, 3 November 2026.
Amazon will deploy 40 internet satellites on November 13, marking its first mission using United Launch Alliance’s Vulcan rocket as it accelerates plans to challenge SpaceX’s market dominance.

Apple Beats Fourth Quarter Expectations as Price Hikes Offset Rising Supply Costs

Cupertino, Tuesday, 3 November 2026.
Apple delivered record fourth-quarter revenue of $114.5 billion, as strategic $100 price increases absorbed soaring memory costs and lifted profit margins above Wall Street forecasts despite broader market pressures.

SpaceX Throttles Grok Bot as Operating Costs Outpace Subscription Revenue

San Francisco, Tuesday, 3 November 2026.
Elon Musk capped Grok Bot usage after soaring compute expenses became unsustainable, exposing the persistent profitability pressures confronting generative artificial intelligence developers despite surging subscriber growth.

How Solar-Powered Modular Computing Solves Growing Electricity Grid Bottlenecks

Davis, Tuesday, 3 November 2026.
Apparent launched a solar-driven modular data center in California today, utilizing intelligent software that activates normally idle backup systems to expand computing capacity without overburdening local power grids.