Enterprise
* Netflix's Board of Directors has approved a massive ten-for-one forward stock split. * The primary goal is to lower the per-share price, making stock options more accessible for company employees. * Shareholders of record as of November 10, 2025, will receive nine additional shares for each share they hold. * Split-adjusted
Enterprise
* The Nasdaq Composite led the market downturn, falling 1.57%, as major tech stocks faced a significant sell-off. * Meta and Microsoft shares declined despite reporting better-than-expected quarterly earnings, primarily due to forecasts of increased future spending on AI and infrastructure. * Alphabet defied the trend, with its stock jumping over 7%
AI
* Massive Restructure: OpenAI has completed a major recapitalization, simplifying its structure with its nonprofit arm, now the OpenAI Foundation, maintaining full control over the for-profit business. * $130 Billion Philanthropic Powerhouse: The new OpenAI Foundation holds an equity stake in the for-profit company currently valued at approximately $130 billion, positioning it
Enterprise
* High-Stakes Earnings: MercadoLibre is set to report its third-quarter earnings on October 29, with its stock already up a staggering 33% this year, creating immense pressure to deliver. * The Core Conflict: Investors are laser-focused on whether the company's booming fintech and credit operations can successfully overpower the severe
Games
* Official Confirmation: Sony has officially announced the free monthly games for PlayStation Plus subscribers for November 2025. * The Lineup: This month, members can download the feline adventure Stray, the rally racer EA Sports WRC 24, and the quirky Totally Accurate Battle Simulator. * Leak Was Accurate: The announcement validates a prior
AI
* Leaked Deck Reveals Strategy: A slide deck viewed by ADWEEK confirms that advertisers are intentionally using Reddit ads to boost their visibility in AI-powered search results. * Skyrocketing Ad Spend: Brands are significantly increasing their advertising budgets on Reddit, recognizing its growing influence on AI models like ChatGPT and Google'
Games
* Significant Improvements: The Outer Worlds 2 is a major step up from the original, refining Obsidian’s RPG formula with smarter writing and vastly improved combat. * Grounded Political Story: The sequel shifts to a more serious and grounded narrative focused on the political struggles between deeply flawed factions, reminiscent of
Policy
* Detroit has officially broken ground on the first of several neighborhood solar farms, starting with a 42-acre project in the Van Dyke/Lynch area. * The joint project between the City of Detroit and DTE Energy aims to transform vacant, blighted land into a source of clean energy to power 127
Blockchain
* Mastercard is reportedly in advanced negotiations to acquire crypto infrastructure provider Zerohash for around $1.5 billion. * The potential acquisition would give the payments giant direct ownership of crucial settlement rails for stablecoin and on-chain transactions. * This move signals a massive push by traditional finance into the core mechanics of
Enterprise
* Alphabet shattered Wall Street expectations, reporting revenue of $102.35 billion, its first time ever crossing the $100 billion quarterly mark. * Google Cloud was a standout performer, with revenue surging 35% to $15.15 billion, fueled by massive demand for artificial intelligence services. * The company's impressive net income
Cloud
* Earnings Beat: Microsoft reported adjusted earnings of $4.13 per share, easily surpassing the $3.67 analysts expected. * Revenue Surprise: Total revenue hit $77.67 billion, comfortably ahead of the anticipated $75.33 billion. * AI-Fueled Cloud Growth: The Azure cloud platform was the star performer, with revenue climbing an explosive
AI
* OpenAI has finalized its transition into a for-profit corporation, setting the stage for a potential Initial Public Offering (IPO) and massive capital investment. * The move, which solidifies Microsoft's partnership with a 27% stake, faced significant legal and regulatory challenges, including a lawsuit from co-founder Elon Musk. * OpenAI has