https://www.openbell.ai/ 2026-10-16T09:50:40.099Z hourly 1.0 https://www.openbell.ai/support 2026-10-16T09:50:40.099Z monthly 0.7 https://www.openbell.ai/privacy 2026-10-16T09:50:40.099Z monthly 0.5 https://www.openbell.ai/terms 2026-10-16T09:50:40.099Z monthly 0.5 https://www.openbell.ai/feed.json 2026-10-16T09:50:40.099Z hourly 0.8 https://www.openbell.ai/news/QQQ:1792144029638 2026-10-16T09:47:09.638Z daily 0.9 https://cdn.brandfetch.io/QQQ/w/400/h/400?c=1idopYfmtR7ZKg8QMud Mike Novogratz Warns Nasdaq Could Plunge 30% in an ‘AI Catastrophe’ — Here’s Why He Still Expects the Data Center Boom to Continue Mike Novogratz, CEO of Galaxy Digital Inc. (NASDAQ: GLXY), warned that an 'AI catastrophe' could lead to a 30% decline in the Nasdaq, emphasizing the importance of AI data-center investments for the U.S. economy. He discussed the potential economic slowdown if the AI data-center buildout were to halt, aligning with BlackRock's CEO Larry Fink's concerns about a recession stemming from such a moratorium. Novogratz noted that the U.S. may require $7 to $9 trillion for power and data centers over several years, indicating a significant financial commitment to support AI infrastructure. https://www.openbell.ai/news/NOW:1792143997915 2026-10-16T09:46:37.915Z daily 0.9 https://cdn.brandfetch.io/NOW/w/400/h/400?c=1idopYfmtR7ZKg8QMud Piper Sandler Maintains Overweight on ServiceNow, Raises Price Target to $175 Piper Sandler analyst Billy Fitzsimmons has maintained an Overweight rating on ServiceNow (NYSE: NOW) and raised the price target from $140 to $175. This adjustment reflects a positive outlook on the company's performance. https://www.openbell.ai/news/TSM:1792143315333 2026-10-16T09:35:15.333Z daily 0.9 https://cdn.benzinga.com/files/images/story/2026/10/16/TSMC.jpg?width=250&height=187 Taiwan Semiconductor Holds the Cards As NVIDIA, Apple and AMD Battle for Limited AI Chip Capacity Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) reported third-quarter revenue of $46.7 billion, a 16.2% sequential increase, driven by high demand for AI chips, particularly in high-performance computing, which accounted for 68% of total sales. Despite a nearly 40% share price increase in 2026, supply constraints remain a concern as major tech companies like NVIDIA, Apple, and AMD compete for limited chipmaking capacity. The company is expanding production and could increase capacity by 10% to 20% by year-end, while advanced packaging has emerged as another bottleneck in meeting demand. https://www.openbell.ai/news/MTB:1792143111839 2026-10-16T09:31:51.839Z daily 0.9 https://cdn.brandfetch.io/MTB/w/400/h/400?c=1idopYfmtR7ZKg8QMud M&T Bank Q3 Adj. EPS $5.08 Beats $4.96 Estimate, Sales $2.536B Beat $2.533B Estimate M&T Bank reported Q3 earnings of $5.08 per share, exceeding the analyst estimate of $4.96 by 2.42%, and marking a 4.31% increase from $4.87 per share in the same period last year. The company's quarterly sales reached $2.536 billion, surpassing the $2.533 billion estimate by 0.13%, and reflecting a 0.92% increase from $2.513 billion year-over-year. https://www.openbell.ai/news/SCHW:1792142998423 2026-10-16T09:29:58.423Z daily 0.9 https://cdn.benzinga.com/files/images/story/2026/10/16/Houston--Texas--Usa---April-7--2024-Char.jpg?width=250&height=187 AI Was Expected to Drain Charles Schwab’s Cash — CEO Rick Wurster Says Traders Are Doing the Opposite: ‘The More People Use AI, the More Cash They Hold’ Charles Schwab Corp. CEO Rick Wurster reported that retail clients utilizing artificial intelligence for trading are holding more cash, contrary to market fears that AI would deplete brokerage cash levels. During the third-quarter earnings call, he noted that the number of clients trading through AI connections has doubled in the last six months. Despite a recent decline in stock performance, with SCHW down 5.76% year-to-date and 12.64% over the last month, the company is preparing to launch a pilot program for traders to connect their AI models securely to Schwab's systems. https://www.openbell.ai/news/IRTC:1792142221645 2026-10-16T09:17:01.645Z daily 0.9 https://cdn.brandfetch.io/IRTC/w/400/h/400?c=1idopYfmtR7ZKg8QMud Piper Sandler Initiates Coverage On iRhythm Holdings with Overweight Rating, Announces Price Target of $160 Piper Sandler analyst Adam Maeder has initiated coverage on iRhythm Holdings (NASDAQ: IRTC) with an Overweight rating. The firm has set a price target of $160 for the company's stock. https://www.openbell.ai/news/ELAN:1792142094897 2026-10-16T09:14:54.897Z daily 0.9 https://cdn.brandfetch.io/ELAN/w/400/h/400?c=1idopYfmtR7ZKg8QMud Goldman Sachs Initiates Coverage On Elanco Animal Health with Buy Rating, Announces Price Target of $32 Goldman Sachs analyst Matt Dellatorre has initiated coverage on Elanco Animal Health (NYSE: ELAN) with a Buy rating. The firm has set a price target of $32 for the company's stock. https://www.openbell.ai/news/LI:1792141942388 2026-10-16T09:12:22.388Z daily 0.9 https://cdn.brandfetch.io/LI/w/400/h/400?c=1idopYfmtR7ZKg8QMud Li Auto Subsidiary MHX Technology Signs RMB1.625B Subscription Agreements, With Li Auto Investing RMB1.0B openbell Financial News https://www.openbell.ai/news/UBS:1792140490878 2026-10-16T08:48:10.878Z daily 0.9 https://cdn.brandfetch.io/UBS/w/400/h/400?c=1idopYfmtR7ZKg8QMud Reported Earlier, 'UK government courted UBS over London HQ move' - FT Exclusive The UK government has been in discussions with UBS regarding a potential relocation of its headquarters to London. This move is part of the government's efforts to attract major financial institutions to the UK post-Brexit. The talks highlight the competitive landscape for financial services in Europe as firms reassess their operational bases. https://www.openbell.ai/news/AA:1792140393322 2026-10-16T08:46:33.322Z daily 0.9 https://cdn.benzinga.com/files/images/story/2026/10/16/Stuttgart--Germany---Sep-06--2021-Person.jpg?width=250&height=187 Why Alcoa Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket Alcoa Corporation's shares rose 2.4% to $41.38 in pre-market trading following the release of its third-quarter earnings, which showed a profit of $1.82 per share, exceeding the analyst consensus estimate of $1.47. However, the company's quarterly sales of $3.704 billion fell short of the expected $3.785 billion. The positive earnings report contributed to the increase in share price despite the sales miss. https://www.openbell.ai/news/SITC:1792140002565 2026-10-16T08:40:02.565Z daily 0.9 https://cdn.benzinga.com/files/images/story/2026/10/16/Stock-market-chart-with-green-candlestic.jpg?width=250&height=187 SITE Centers (SITC) Stock Jumps 19% After Hours: What’s Driving the Surge? SITE Centers Corp. (NYSE: SITC) shares surged 18.94% to $3.58 in pre-market trading after the company announced a special cash distribution of $3 per share, payable on November 5. The company also plans to voluntarily delist from the NYSE, citing that the special payout could trigger involuntary delisting due to increased share price and market capitalization. SITE Centers has a market capitalization of approximately $157.95 million and has experienced a 65.16% decline in stock value over the past year. https://www.openbell.ai/news/SPCX:1792139162595 2026-10-16T08:26:02.595Z daily 0.9 https://cdn.benzinga.com/files/images/story/2026/10/16/Anthropic-Logo-Appears-On-A-Mobile-Phone.jpg?width=250&height=187 Anthropic IPO Could Come in ‘Weeks, Not Months’ — Top Hedge Fund Manager Sees $500 Billion Demand, Draws Parallels With SpaceX Hedge fund manager Brad Gerstner predicts that AI firm Anthropic will go public within weeks, with investor demand potentially exceeding $500 billion. Anthropic reported nearly $17 billion in revenue for Q3, marking a 45% sequential growth and achieving over 80% adjusted profit margins. Despite these strong figures, market reactions have been negative, as noted by DA Davidson. Gerstner compares Anthropic's potential offering to that of SpaceX, which generated significant demand for its IPO. https://www.openbell.ai/news/TSLA:1792138935976 2026-10-16T08:22:15.976Z daily 0.9 https://cdn.brandfetch.io/TSLA/w/400/h/400?c=1idopYfmtR7ZKg8QMud Ross Gerber Says SPCX-TSLA Merger Has 'Become Obvious' After Roadster Reveal, Calls Thruster Tech 'For Show' Investor Ross Gerber has suggested that a merger between Space Exploration Technologies Corp. (SPCX) and Tesla Inc. (TSLA) is likely following the recent reveal of the Tesla Roadster, which features SpaceX thrusters. Gerber described the merger as 'obvious' and questioned the practicality of the Roadster's hovering technology, labeling it 'just for show.' Following the Roadster's debut, TSLA shares rose by 3.44% to $374.92 in overnight trading. https://www.openbell.ai/news/TSLA:1792138850306 2026-10-16T08:20:50.306Z daily 0.9 https://cdn.brandfetch.io/TSLA/w/400/h/400?c=1idopYfmtR7ZKg8QMud Top Analyst Calls Elon Musk’s Tesla Roadster a Tech Flex With 'No Commercial Value' Beyond Embarrassing Rivals Gene Munster of Deepwater Asset Management described Tesla's newly unveiled Roadster as an engineering showcase with minimal commercial value, primarily aimed at outshining traditional automakers. The vehicle, which features extreme performance capabilities such as accelerating to 60 mph in under one second and utilizing SpaceX-developed thrusters, is set to begin production in 2028, significantly delayed from its original 2020 target. Speculation about a potential merger between Tesla and SpaceX is growing, with analysts suggesting synergies in AI and engineering could be beneficial. TSLA shares were trading at $362.27, down 0.05% in after-hours trading. https://www.openbell.ai/news/TSLA:1792138812353 2026-10-16T08:20:12.353Z daily 0.9 https://cdn.brandfetch.io/TSLA/w/400/h/400?c=1idopYfmtR7ZKg8QMud Top Analyst Calls Elon Musk’s Tesla Roadster a Tech Flex With 'No Commercial Value' Beyond Embarrassing Rivals Gene Munster of Deepwater Asset Management described Tesla's new Roadster as an engineering spectacle with minimal commercial value, primarily serving to embarrass traditional car manufacturers. The vehicle, which features extreme performance capabilities such as accelerating to 60 mph in under one second and performing aerial flips, is anticipated to begin production in 2028, significantly later than the original 2020 target. Speculation about a potential merger between Tesla and SpaceX is growing, with analysts suggesting it could enhance synergies in AI and advanced manufacturing. TSLA shares were down 0.05% to $362.27 in after-hours trading. https://www.openbell.ai/news/TSLA:1792138710706 2026-10-16T08:18:30.706Z daily 0.9 https://cdn.brandfetch.io/TSLA/w/400/h/400?c=1idopYfmtR7ZKg8QMud Top Analyst Calls Elon Musk’s Tesla Roadster a Tech Flex With 'No Commercial Value' Beyond Embarrassing Rivals Gene Munster of Deepwater Asset Management described Tesla's new Roadster, which features SpaceX technology, as an engineering spectacle with little commercial value, primarily aimed at embarrassing traditional automakers. The vehicle is expected to begin production in 2028, with capabilities such as accelerating to 60 mph in under one second and performing aerial flips. Speculation about a potential merger between Tesla and SpaceX is growing, with analysts suggesting it could enhance AI integration and leverage the strengths of both companies. TSLA shares were trading at $362.27, down 0.05% in after-hours trading. https://www.openbell.ai/news/TSLA:1792138624589 2026-10-16T08:17:04.589Z daily 0.9 https://cdn.brandfetch.io/TSLA/w/400/h/400?c=1idopYfmtR7ZKg8QMud Elon Musk Unveils Tesla Roadster That Can Fly, Drive Upside Down and Barrel Roll With SpaceX Thrusters Tesla Inc. (NASDAQ: TSLA) has unveiled its new Roadster, which features flying capabilities powered by SpaceX thrusters, allowing it to perform aerial maneuvers such as barrel rolls. The Roadster will be available in three trims: Performance, Thrust, and Rocket, with the Thrust trim being a limited release. Production is set to begin in 2028, and the vehicle will have a range of over 300 miles. Following the announcement, TSLA shares rose by 2.93% to $373.06. https://www.openbell.ai/news/TLT:1792137829444 2026-10-16T08:03:49.444Z daily 0.9 https://cdn.benzinga.com/files/images/story/2026/10/16/Washington---January-16-2025-Treasury-Se.jpg?width=250&height=187 Chip Rout Finally Does What Scott Bessent’s Buybacks Couldn’t: Pulls Treasury Yields Back From 24-Year High Treasury yields decreased from recent highs, with the 10-year yield falling to 5.085% from a 24-year high of 5.36%, while the 30-year yield dropped to 5.429% from 5.73%. This decline was attributed to a selloff in semiconductor stocks, which prompted investors to shift towards government bonds. The iShares Semiconductor ETF closed down 0.91% at $514.71, while the broader S&P 500 and Nasdaq Composite saw slight gains. Despite efforts by the Treasury to lower yields through increased bond buybacks, the market has remained pressured by inflation and rising oil prices. https://www.openbell.ai/news/EW:1792137047901 2026-10-16T07:50:47.901Z daily 0.9 https://cdn.brandfetch.io/EW/w/400/h/400?c=1idopYfmtR7ZKg8QMud Reported Earlier, Edwards Lifesciences Tells Customers To Remove Four Lots Of Commander M Delivery Systems For SAPIEN M3; FDA Flags Potentially High-Risk Issue Edwards Lifesciences has advised customers to remove four lots of its Commander M Delivery Systems for the SAPIEN M3 due to a potentially high-risk issue flagged by the FDA. This recall may impact the company's operations and could affect its stock performance, as indicated by the stock ticker EW. https://www.openbell.ai/news/INSW:1792133607337 2026-10-16T06:53:27.337Z daily 0.9 https://cdn.brandfetch.io/INSW/w/400/h/400?c=1idopYfmtR7ZKg8QMud International Seaways Sees Q3 Revenues Of $480M-$490M, Net Income Of $340M-$350M; Blended Spot Earnings $68,000 Per Day, Up From $29,000 YoY International Seaways anticipates third quarter 2026 revenues between $480 million and $490 million, with a net income projected at approximately $340 million to $350 million, including a $50 million gain from the sale of a Suezmax vessel. The company's blended spot earnings increased to $68,000 per day, up from $29,000 year-over-year. As of September 30, 2026, total liquidity stood at around $965 million, comprising $455 million in cash and short-term investments, along with $510 million in undrawn revolving credit capacity. https://www.openbell.ai/news/HPP:1792133369557 2026-10-16T06:49:29.557Z daily 0.9 https://cdn.brandfetch.io/HPP/w/400/h/400?c=1idopYfmtR7ZKg8QMud Reported Earlier, Hudson Pacific Sells Skyport Plaza For $75.5M, Also Sells Quixote Winddown Asset, Uses All Net Proceeds To Cut Revolver Balance To $30.0M openbell Financial News https://www.openbell.ai/news/ESLA:1792133298074 2026-10-16T06:48:18.074Z daily 0.9 https://cdn.brandfetch.io/ESLA/w/400/h/400?c=1idopYfmtR7ZKg8QMud Reported Earlier, Estrella’s EB103 Dosed Twice Three Weeks Apart In First Dose-Expansion Patient At Recommended Phase II Dose, No Treatment-Related SAEs; Dose-Escalation Delivered 100% Month 1 Complete Response In High-Dose Cohort Estrella's EB103 has been administered to the first patient in the dose-expansion phase, with two infusions given three weeks apart at the recommended Phase II dose. Notably, there were no treatment-related serious adverse events reported during the first month of follow-up. Additionally, the dose-escalation phase achieved a 100% complete response rate in the high-dose cohort for the first month. https://www.openbell.ai/news/ASST:1792133059070 2026-10-16T06:44:19.070Z daily 0.9 https://cdn.brandfetch.io/ASST/w/400/h/400?c=1idopYfmtR7ZKg8QMud Reported Earlier, Strive Prices Upsized Initial Public Offering Of 7M Shares Of 15.00% Series A Perpetual SATS Preferred At $90 Per Share, About $630M Gross Proceeds openbell Financial News https://www.openbell.ai/news/SYY:1792132608568 2026-10-16T06:36:48.568Z daily 0.9 https://cdn.brandfetch.io/SYY/w/400/h/400?c=1idopYfmtR7ZKg8QMud Reported Earlier, Sysco Acknowledges Los Angeles Area Disruption, Reaches Agreement With Teamsters To End Strike Involving Warehouse Colleagues And Delivery Partners openbell Financial News https://www.openbell.ai/news/XXII:1792132425992 2026-10-16T06:33:45.992Z daily 0.9 https://cdn.benzinga.com/files/images/story/2026/10/16/A-Dynamic-Blue-Arrow-Superimposed-On-A-S.jpg?width=250&height=187 22nd Century Group (XXII) Stock Surges Over 64% After Hours on Sales Growth 22nd Century Group Inc. (NASDAQ: XXII) saw its stock price surge 64.22% to $1.03 in after-hours trading following a report of a 161% increase in same-store retail sales of its low-nicotine cigarettes, Pinnacle VLN and Pinnacle Pure. The growth is attributed to heightened consumer awareness and marketing efforts. The company has a market capitalization of approximately $445,550, and its stock has experienced a significant decline of 99.86% over the past year. https://www.openbell.ai/news/CTY:1792132344481 2026-10-16T06:32:24.481Z daily 0.9 https://cdn.brandfetch.io/CTY/w/400/h/400?c=1idopYfmtR7ZKg8QMud Reported Earlier, City Therapeutics Prices Upsized Initial Public Offering Of 11,111,111 Shares At $18.00 Per Share For About $200M Gross Proceeds openbell Financial News https://www.openbell.ai/news/TSLA:1792131868068 2026-10-16T06:24:28.068Z daily 0.9 https://cdn.benzinga.com/files/images/story/2026/10/16/Paris--France---February-3--2026-A-Horiz.jpg?width=250&height=187 Ross Gerber Says SPCX-TSLA Merger Has 'Become Obvious' After Roadster Reveal, Calls Thruster Tech 'For Show' Investor Ross Gerber has suggested that a merger between Space Exploration Technologies Corp. (SPCX) and Tesla Inc. (TSLA) is likely following the recent reveal of the Tesla Roadster, which features SpaceX thrusters. He expressed this opinion on social media, stating, 'So SpaceX buys Tesla this year,' and criticized the Roadster's hovering technology as 'just for show.' Following the Roadster's debut, TSLA shares rose by 3.44% to $374.92 in overnight trading. https://www.openbell.ai/news/AAPL:1792131710203 2026-10-16T06:21:50.203Z daily 0.9 https://cdn.benzinga.com/files/images/story/2026/10/16/Bukovel--Ukraine--October-13--2022-Wax-F.jpg?width=250&height=187 Mark Zuckerberg Opens Meta's Massive Muse Spark AI Model, Says It Runs Great on Apple's New Mac Studios Thanks to John Ternus Meta Platforms, Inc. has launched the Muse Spark AI model as an open-weight model, which is compatible with Apple's latest Mac Studio computers, thanks to collaboration with Apple CEO John Ternus. The Muse Spark model features 816 billion total parameters and allows developers to run it locally on Apple hardware. Following the release, Meta's stock closed at $736.72, experiencing a slight decline of 0.45% in after-hours trading. https://www.openbell.ai/news/YUMC:1792129991471 2026-10-16T05:53:11.471Z daily 0.9 https://cdn.brandfetch.io/YUMC/w/400/h/400?c=1idopYfmtR7ZKg8QMud Yum China’s Lavazza Opens Fifth Hong Kong Store, Launches Buffalo Milk Latte, Plans To Double To Around 10 Stores In Coming Months openbell Financial News https://www.openbell.ai/news/RHHBY:1792129660242 2026-10-16T05:47:40.242Z daily 0.9 https://cdn.brandfetch.io/RHHBY/w/400/h/400?c=1idopYfmtR7ZKg8QMud FDA Approves Roche’s Enspryng For Adults With Thyroid Eye Disease, First At-Home Subcutaneous Option; SatraGO-2 Proptosis Response 52.9% Vs 23.4% Placebo, SatraGO-1 Missed Primary Endpoint The FDA has approved Roche's Enspryng (satralizumab) as the first at-home subcutaneous treatment for adults with Thyroid Eye Disease (TED). This approval is based on Phase III SatraGO-2 study results, which showed a proptosis response rate of 52.9% compared to 23.4% for the placebo, while SatraGO-1 did not meet its primary endpoint. Enspryng offers a flexible treatment option administered every four weeks during the maintenance phase, targeting a rare autoimmune disease affecting approximately 155 out of every 100,000 people in the US. https://www.openbell.ai/news/NTRP:1792129208843 2026-10-16T05:40:08.843Z daily 0.9 https://cdn.benzinga.com/files/images/story/2026/10/16/Selloff-Could-Hit-Main-Street-Hard.jpg?width=250&height=187 Why Is NextTrip (NTRP) Stock Falling After Hours? NextTrip Inc (NASDAQ: NTRP) shares fell 13.17% to $1.45 in after-hours trading following the release of its preliminary fiscal second-quarter results, which showed revenue of $546,687, down from $757,648 in the prior-year quarter. The company reported six-month revenue of $1,998,422, an increase from $896,475 a year earlier, but stated that second-quarter revenue was below expectations due to a focus on strengthening its NextTrip Pro platform and consolidating media operations. NextTrip's market capitalization is approximately $25.19 million, and the stock has experienced a 41.20% decline over the past year. https://www.openbell.ai/news/BURU:1792127761161 2026-10-16T05:16:01.161Z daily 0.9 https://cdn.benzinga.com/files/images/story/2026/10/16/Candlestick-Chart-Showing-Falling-Stock-.jpg?width=250&height=187 Nuburu (BURU) Shares Drop 17% After The Closing Bell Thursday Nuburu, Inc. (AMEX: BURU) shares dropped 17.23% to $0.81 in after-hours trading on Thursday, following a regular session decline of 1.67% to close at $0.98. The company has a market capitalization of approximately $9.08 million and has seen its stock price fall 98.56% over the past year, with a 52-week high of $87.64 and a low of $0.85. Additionally, Nuburu filed a registration statement allowing selling stockholders to resell up to 20 million shares of common stock, with potential gross proceeds of approximately $35.9 million from the conversion of Series B preferred stock. https://www.openbell.ai/news/SPCX:1792127230840 2026-10-16T05:07:10.840Z daily 0.9 https://cdn.benzinga.com/files/images/story/2026/10/16/Washington--Feb--28--2025-President-Dona.jpg?width=250&height=187 Thom Tillis Takes Aim at Pete Hegseth Over Ukraine’s Starshield Disruptions: ‘I’m Not Holding My Breath’ for Transparency Republican Senator Thom Tillis has called for a Pentagon inspector-general investigation into disruptions of Ukraine's Starshield satellite access, suggesting it may be a strategic error rather than a technical failure. He expressed concerns that these disruptions could put Ukrainian civilians and American personnel at risk. The White House is also facing scrutiny over the restrictions, with reports indicating that the order may have originated there, although a senior U.S. official denied President Trump personally requested it. https://www.openbell.ai/news/TSLA:1792125293987 2026-10-16T04:34:53.987Z daily 0.9 https://cdn.benzinga.com/files/images/story/2026/10/16/Kaunas--Lithuania-2022---April-14-Tesla-.jpg?width=250&height=187 Elon Musk Unveils Tesla Roadster That Can Fly, Drive Upside Down and Barrel Roll With SpaceX Thrusters Tesla Inc. (NASDAQ: TSLA) has unveiled its new Roadster, a high-performance vehicle featuring flying capabilities powered by SpaceX thrusters. The Roadster is set to enter production in 2028 and will be available in three trims: Performance, Thrust, and Rocket, with the Thrust trim being a limited release. Following the announcement, TSLA shares rose by 2.93% to $373.06 during overnight trading. https://www.openbell.ai/news/NFLX:1792124761657 2026-10-16T04:26:01.657Z daily 0.9 https://cdn.benzinga.com/files/images/story/2026/10/16/Los-Angeles---July-20--2025-Netflix-Sign.jpg?width=250&height=187 Netflix Replaces Content Chief Bela Bajaria With Ex-Disney Exec Peter Rice, a Day After Announcing 6% Layoffs Netflix Inc. is replacing its content chief Bela Bajaria with Peter Rice, a former Disney executive, effective October 26. This change comes a day after the company announced layoffs affecting approximately 1,000 employees, representing about 6% of its workforce, primarily in product, technology, legal, and human resources. Netflix's stock closed at $72.61, up 2.89%, but has seen a decline of 20.20% this year and 39.66% over the past 12 months. The company is set to report its third-quarter earnings on October 20, with analysts expecting earnings of 82 cents per share and revenue of $12.88 billion. https://www.openbell.ai/news/DK:1792123988778 2026-10-16T04:13:08.778Z daily 0.9 https://cdn.benzinga.com/files/images/story/2026/10/16/Washington-january-30-2025-Vice-Presiden.jpg?width=250&height=187 JD Vance Says Trump Administration Tapping Wartime Powers to Expand a Texas Refinery — 'We Want Millions of Gallons' (UPDATED) Vice President JD Vance announced that the Trump administration will utilize the Defense Production Act to expand fuel production at Delek US Holdings Inc.'s refinery in Tyler, Texas, aiming to increase output of commercial-grade and military-spec fuel. This expansion is expected to lower costs, enhance energy supply reliability, and create hundreds of jobs. Gas prices have surged, with the national average for regular gasoline at $4.33 per gallon, up 41% from a year ago. Following the announcement, Delek US Holdings' shares fell by 2.20% to $78.97. https://www.openbell.ai/news/TSLA:1792121312662 2026-10-16T03:28:32.662Z daily 0.9 https://cdn.benzinga.com/files/images/story/2026/10/16/Paris--France---June-16--2023-Elon-Musk-.jpg?width=250&height=187 China's 'Oil Dependency Dropping Fast,' Says Elon Musk Highlighting These Key Figures Elon Musk, CEO of Tesla Inc. (NASDAQ: TSLA), emphasized China's rapid transition to electric vehicles (EVs), with battery-electric vehicles capturing 47.3% and plug-in hybrids 19.7% of the market as of September, while internal combustion engine vehicles dropped to 33%. Tesla delivered 95,366 China-made vehicles in September, marking a 5% year-over-year increase and extending its growth streak to 11 months. In contrast, major Chinese EV manufacturers faced challenges, with Nio, XPeng, and Li Auto reporting declines in deliveries amid reduced government support and increased competition. https://www.openbell.ai/news/RKLB:1792119143523 2026-10-16T02:52:23.523Z daily 0.9 https://cdn.benzinga.com/files/images/story/2026/10/16/New-York-City--New-York---May-31-2026-Ro.jpg?width=250&height=187 Shay Boloor Loads Up on Rocket Lab Stock, Says He Understands the Starlink Premium, but Market Is ‘Absolutely Underappreciating’ the SpaceX Rival Shay Boloor, chief market strategist at Futurum Equities, has significantly increased his holdings in Rocket Lab Corp. (NASDAQ: RKLB), arguing that the market undervalues the company compared to SpaceX, which has a valuation of approximately $2 trillion versus Rocket Lab's $35 billion. Despite Rocket Lab's revenue growth of 62%, its stock has fallen 27.29% this year and 20.24% over the past year. Additionally, Rocket Lab has delayed the first flight of its Neutron rocket to 2027 due to manufacturing issues, which may impact its future valuation. https://www.openbell.ai/news/CRWV:1792116629809 2026-10-16T02:10:29.809Z daily 0.9 https://cdn.benzinga.com/files/images/story/2026/10/16/Jensen-Huang--Nvidia-Founder-And-Ceo-Gre.jpg?width=250&height=187 Cathie Wood Buys $13.4 Million of CoreWeave Stock as Jensen Huang Says ‘Strength Is Improving Every Day,’ Ark Trims Amazon and Palantir Cathie Wood's Ark Invest purchased 192,566 shares of CoreWeave Inc. (NASDAQ: CRWV) for approximately $13.4 million, following a previous purchase of 188,665 shares valued at $12.4 million, totaling $25.8 million over two days. Nvidia CEO Jensen Huang expressed confidence in CoreWeave's improving strength, while Bank of America analysts raised revenue growth forecasts for the company. Additionally, Ark trimmed its holdings in Amazon and Palantir, selling shares worth approximately $7.7 million and $6 million, respectively. https://www.openbell.ai/news/QBTS:1792115194264 2026-10-16T01:46:34.264Z daily 0.9 https://cdn.benzinga.com/files/images/story/2026/10/16/Nyc-Mayoral-Candidate-Zohran-Mamdani-Spe.jpg?width=250&height=187 Zohran Mamdani Says Quantum Is Poised to Become a ‘Multi-Trillion Dollar Industry’ and New Yorkers Should ‘Share in That Profit’ New York City Mayor Zohran Mamdani announced that the city will receive a 15% share of the intellectual property proceeds from a new quantum facility, QFab, to be built by New York University (NYU) with a $29.2 million city grant. NYU is contributing $255 million towards the total $284 million cost of the facility, which is expected to open in 2030. Mamdani believes the quantum industry could become a multi-trillion dollar market, and the city will also gain three seats on QFab's Executive Advisory Board. https://www.openbell.ai/news/TSLA:1792113813548 2026-10-16T01:23:33.548Z daily 0.9 https://cdn.brandfetch.io/TSLA/w/400/h/400?c=1idopYfmtR7ZKg8QMud Tesla Launches Roadster; To Enter Production In 2028 Tesla has announced the launch of its new Roadster model, which is set to enter production in 2028. This move is part of Tesla's ongoing strategy to expand its electric vehicle lineup. The announcement comes as the company continues to innovate and compete in the growing EV market. https://www.openbell.ai/news/KNDI:1792108200564 2026-10-15T23:50:00.564Z daily 0.9 https://cdn.brandfetch.io/KNDI/w/400/h/400?c=1idopYfmtR7ZKg8QMud Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending openbell Financial News https://www.openbell.ai/news/NTRP:1792102923383 2026-10-15T22:22:03.383Z daily 0.9 https://cdn.brandfetch.io/NTRP/w/400/h/400?c=1idopYfmtR7ZKg8QMud NextTrip Q2 EPS $(0.25) Misses $(0.05) Estimate, Sales $546.687K Miss $1.796M Estimate NextTrip (NASDAQ:NTRP) reported Q2 losses of $(0.25) per share, missing the analyst estimate of $(0.05) by 400%, and reflecting a 35.9% increase in losses compared to $(0.39) per share in the same quarter last year. The company's quarterly sales were $546.687 thousand, falling short of the $1.796 million estimate by 69.55%, and representing a 27.84% decrease from $757.648 thousand in the previous year. https://www.openbell.ai/news/FNGR:1792102813561 2026-10-15T22:20:13.561Z daily 0.9 https://cdn.brandfetch.io/FNGR/w/400/h/400?c=1idopYfmtR7ZKg8QMud FingerMotion Q2 EPS $(0.08) Down From $(0.03) YoY, Sales $281.076K Down From $8.648M YoY FingerMotion (NASDAQ: FNGR) reported a Q2 loss of $(0.08) per share, a significant increase in losses from $(0.03) per share year-over-year. The company's sales for the quarter were $281.076 thousand, reflecting a 96.75% decline from $8.648 million in the same period last year. https://www.openbell.ai/news/MSFT:1792101734380 2026-10-15T22:02:14.380Z daily 0.9 https://cdn.brandfetch.io/MSFT/w/400/h/400?c=1idopYfmtR7ZKg8QMud UBS Maintains Buy on Microsoft, Raises Price Target to $675 UBS analyst Karl Keirstead has reiterated a Buy rating on Microsoft (NASDAQ: MSFT) and increased the price target from $525 to $675. This adjustment reflects a positive outlook on the company's performance in the market. https://www.openbell.ai/news/BLK:1792101635400 2026-10-15T22:00:35.400Z daily 0.9 https://cdn.brandfetch.io/BLK/w/400/h/400?c=1idopYfmtR7ZKg8QMud UBS Maintains Buy on BlackRock, Raises Price Target to $1300 UBS analyst Michael Brown has maintained a 'Buy' rating on BlackRock (NYSE: BLK) and raised the price target from $1277 to $1300. This adjustment reflects a positive outlook for the company's stock performance. https://www.openbell.ai/news/SMG:1792101560697 2026-10-15T21:59:20.697Z daily 0.9 https://cdn.brandfetch.io/SMG/w/400/h/400?c=1idopYfmtR7ZKg8QMud UBS Upgrades Scotts Miracle Gro to Buy, Lowers Price Target to $70 UBS analyst Peter Grom has upgraded Scotts Miracle Gro (NYSE: SMG) from Neutral to Buy. The price target for the stock has been lowered from $78 to $70. https://www.openbell.ai/news/RAPP:1792101476340 2026-10-15T21:57:56.340Z daily 0.9 https://cdn.brandfetch.io/RAPP/w/400/h/400?c=1idopYfmtR7ZKg8QMud UBS Initiates Coverage On Rapport Therapeutics with Buy Rating, Announces Price Target of $71 UBS analyst Joon Lee has initiated coverage on Rapport Therapeutics (NASDAQ: RAPP) with a Buy rating. The firm has set a price target of $71 for the company's stock. https://www.openbell.ai/news/WVE:1792101375957 2026-10-15T21:56:15.957Z daily 0.9 https://cdn.brandfetch.io/WVE/w/400/h/400?c=1idopYfmtR7ZKg8QMud UBS Initiates Coverage On Wave Life Sciences with Buy Rating, Announces Price Target of $11 UBS analyst Joon Lee has initiated coverage on Wave Life Sciences (NASDAQ: WVE) with a Buy rating. The firm has set a price target of $11 for the company's stock. https://www.openbell.ai/news/NFLX:1792100819973 2026-10-15T21:46:59.973Z daily 0.9 https://cdn.brandfetch.io/NFLX/w/400/h/400?c=1idopYfmtR7ZKg8QMud Peter Rice Named Netflix Chief Content Officer Peter Rice has been appointed as the Chief Content Officer of Netflix, succeeding Ted Sarandos in this role. This strategic leadership change is expected to influence Netflix's content strategy moving forward. The announcement comes as Netflix continues to adapt to the competitive streaming landscape.