Key News
1. Federal Reserve Governor Waller: Will support a 25 basis point rate hike next month, and 50 basis points if necessary.
Individual Stock News
1. Apple (AAPL.O) completes $7.5 billion corporate bond issuance.
2. Alibaba (BABA.N): Plans to spin off Pingtouge Semiconductor and list it independently on the Hong Kong Stock Exchange.
3. According to the Seattle Times: Boeing (BA.N) will lay off 5% of its commercial aircraft division's workforce.
4. US officials: Honda Motor (HMC.N) will invest $3 billion to build a new hybrid vehicle plant in Ohio.
5. ExxonMobil (XOM.N) signs a preliminary agreement with Venezuela's state-owned oil company to assess oil development opportunities.
6. According to Axios: Alphabet (GOOG.O)'s Wing invests $125 million in drone delivery business.
7. Google (GOOG.O) will launch two new versions of its Tensor Processing Unit (TPU) system, challenging Nvidia.
8. SEC filings show that Berkshire Hathaway (BRK.A.N, BRK.B.N) will issue three series of yen-denominated senior notes.
9. According to Nikkei: Toyota Motor Corporation (TM.N) will launch the US-made Camry in Japan in late November, to be re-imported in Japanese market specifications.
10. IBM (IBM.N) and Microsoft (MSFT.O) announced the launch of a new AI agent platform, Imagine Enterprise, aimed at driving transformation in specific industries.
11. Amazon (AMZN.O): Amazon Web Services (AWS) has committed $100 million to AI and cloud technology to help organizations worldwide expand their health services.
12. According to The Information: Meta Platforms (META.O) plans to build a sales team and establish consulting partnerships to attract large enterprise clients.
