Business Report: Binance Covers 90% of Hack as OpenAI Trims Raise, Oct. 31, 2026
Business report October 31, 2026: Binance covers 90% of its $6.3 billion hack, OpenAI trims its raise to $20 billion and gas prices near an Election Day record.
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Business report October 31, 2026: Binance covers 90% of its $6.3 billion hack, OpenAI trims its raise to $20 billion and gas prices near an Election Day record.
OpenAI funding round shrinks: the ChatGPT maker now seeks about $20 billion at a $1.25 trillion valuation, down from $30 billion, the FT reports. Key numbers.
Oil earnings soared in Q3 2026: Exxon profit doubled to $15.4 billion and Chevron’s hit $9.9 billion as refineries ran flat out amid a global diesel crunch.
Geopolitics and business report, Oct. 30, 2026: Hormuz tanker attacks double and freight soars, BP cuts debt, Ukraine’s energy war and markets eye the midterms.
Business report October 30, 2026: Intel sinks 29%, the Nasdaq ends its worst month since March 2025, oil giants hit records and Fed officials urge rate hikes.
Intel stock fell about 29% Oct. 30 after a Q4 revenue forecast of $15-16 billion missed estimates on PC weakness and an Israel fab blast. The data and fallout.
Amazon earnings for Q3 2026: AWS sales jumped 39% to $46 billion, but $77 billion of AI capex sent free cash flow to -$42.4 billion. Charts and analyst views.
Samsung’s Q3 2026 operating profit hit a record 107.4 trillion won, nearly nine times a year earlier, as HBM4 sales tripled and 2027 AI memory supply sold out.
Norwell’s Clean Harbors posted record Q3 2026 revenue of $1.87 billion, up 21%, raised its outlook and named Eric Gerstenberg sole CEO.
The ADT Thrive Holdings acquisition pays $10 a share in cash, a 45.6% premium, valuing ADT at $15.3 billion with debt. Terms, go-shop and timeline.