Audi plans $4.2 billion SUV plant in Macon, Georgia
Trump says Audi will build a $4.2 billion Georgia plant making 200,000 SUVs a year, as the brand's sales slide under tariffs and Chinese competition.
1 source · Seeking Alpha
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Audi to Build First-Ever U.S. Factory in Georgia Amid Tariff Pressure
Audi will build its first U.S. plant in Macon, Georgia, a $4.2 billion investment, Trump said. Construction is set to start next month, with output of 200,000 cars a year.
1 source · WSJ
Audi plans Georgia assembly plant and South Carolina output, source says
According to Reuters, Trump is set to announce an Audi plant in Georgia producing 200,000 SUVs a year, plus 25,000 vehicles in South Carolina.
1 source · Reuters
McDonald's India operator Westlife narrows its quarterly loss
Westlife Foodworld, which runs some McDonald's restaurants in India, reported a smaller pre-tax loss for the quarter ended September 30 than a year earlier.
2 sources · Reuters
Circle shareholder sues Trump, World Liberty and Witkoff over crypto deals
A Circle shareholder sued Trump, World Liberty Financial and Steve Witkoff over a $2 billion Binance deal tied to the USD1 stablecoin, per Cointelegraph.
1 source · Cointelegraph
Musk reportedly pushes Tesla and SpaceX merger before Trump leaves office
Tesla and SpaceX shares slipped overnight on reports Musk wants a merger before Trump leaves office, per Stocktwits. ARK sees Tesla holders gaining.
1 source · Stocktwits
Musk's Starlink limits reportedly hit Ukrainian drone and missile defenses, WSJ says
According to the Wall Street Journal, Starlink limits from Oct. 14 weakened Ukrainian drones, and U.S. officials disagree on who approved them.
1 source · Seeking Alpha
Meta's Global Affairs Chief Joel Kaplan to Leave Company After 15 Years
Reuters reports that Joel Kaplan will leave Meta next year. Dina Powell McCormick will take over external affairs ahead of the November 3 US midterm elections.
1 source · Reuters
Trump drops threats to bar Bombardier from US market over jobs
The US president has dropped threats against Canadian jet maker Bombardier and pledged to support its Kansas workforce. Shares rose 4% on Tuesday, Reuters reported.
1 source · Reuters
Traders on Kalshi price what SpaceX earnings call will highlight
SpaceX reports results after the closing bell. Kalshi traders most often expect the call to cover Starlink and data centers, per Seeking Alpha data.
1 source · Seeking Alpha
GM Shares Slip After Company Cuts Full-Year Earnings Guidance
General Motors beat Wall Street estimates for third-quarter profit and revenue but lowered its full-year earnings guidance, sending shares down about 5%.
1 source · baystreet.ca
Bessent Rebukes Zelensky Over Claims Tied to Starlink Restrictions
US Treasury Secretary Scott Bessent called Zelensky's charge that Washington was behind Starlink service limits reckless. The administration denies any role in the slowdown.
1 source · gurufocus.com
Rubio's India trip could seal Reliance's Texas refinery deal
Expert Robinder Sachdev says Marco Rubio's visit to Jamnagar aims to make Reliance's Brownsville refinery investment official ahead of US midterms.
2 sources · Moody's
Trump denies White House or Musk ordered Starlink slowdown in Ukraine
Trump says he did not order Starlink restrictions for Ukraine's military and does not think Musk did either. SpaceX shares fell nearly 2% on Friday.
1 source · Stocktwits