Author: Money Mechanics

OpenAI is offering its ChatGPT Go plan available free of charge for one year to users in India who sign up during a limited promotional period starting November 4, as the company looks to expand in one of its top markets. On Tuesday, OpenAI announced the promotion but did not specify how long the offer would remain available. Existing ChatGPT Go subscribers in India will also be eligible for the free 12-month plan, the company said. Priced at less than $5 per month, ChatGPT Go launched in India in August as OpenAI’s most affordable paid subscription plan. The service later…

(BOE Report) – Oilfield services giants SLB, Halliburton and Baker Hughes are turning to data centers and related artificial intelligence infrastructure work to drive their next phase of growth as they navigate slowing drilling demand and idle rigs across North America. U.S. oil producers have cut exploration budgets as prices hover in the low $60s per barrel, pressured by rising production from the Organization of the Petroleum Exporting Countries and its allies, while power demand has boomed due to surging AI workloads. The world’s top oilfield contractors have now jumped on the bandwagon of delivering power equipment, turbines and data…

Key Takeaways Strength in its U.S. soft drinks, coffee, and Ghost energy businesses boosted results at Keurig Dr Pepper.Keurig Dr Pepper raised its full-year constant currency sales growth guidance.Shares were up about 7% at midday on Monday. Shares of Keurig Dr Pepper (KDP) gained when the soft-drink giant posted better-than-expected results and raised its outlook on strong domestic sales and the benefit from its acquisition of Ghost energy drinks. The company behind its namesake coffee and soda products reported third-quarter adjusted earnings per share of $0.54, in line with what analysts surveyed by Visible Alpha were expecting. Revenue climbed 10.7%…

Key Takeaways Caterpillar is expected to report third-quarter earnings before the market opens on Wednesday.As investors have come to see the shares as an AI play, the stock has been a top performer in 2025—leaving them “priced for perfection,” according to Morgan Stanley. A company known for its distinctive yellow construction equipment and its iconic logo has become an AI darling. Yes, we mean Caterpillar (CAT)—which through Monday’s close has the best-performing stock in the Dow, ahead of companies like Nvidia (NVDA) and Microsoft (MSFT), thanks to an AI-driven metamorphosis. Caterpillar has lately seen stalling earnings growth in 2025, with…

Key Takeaways Qualcomm announced new chips for AI data centers on Monday.The move could mean more competition for leading AI chipmakers such as Nvidia and AMD.  Qualcomm is joining the competition to supply chips for AI data centers.  Qualcomm (QCOM), which has largely focused on chips for mobile phones, laptops and other consumer devices to date, on Monday unveiled two AI accelerator chips for data centers: the AI200, which is set for release in 2026, and the AI250, which is planned for 2027. Shares of Qualcomm were up more than 13% in recent trading, pacing gainers in the S&P 500…

Key Takeaways Major U.S. equities indexes climbed to fresh records in intraday trading Monday amid growing optimism the U.S. and China could strike a trade deal. Qualcomm shares jumped after the chipmaker unveiled two new AI chips for data centers.Shares of Newmont and rival gold miners slid along with the price of the precious metal. Major U.S. equities indexes climbed to all-time highs in intraday trading Monday amid growing optimism the U.S. and China could strike a trade deal. The Dow, Nasdaq, and S&P 500 all set fresh records. Qualcomm (QCOM) was the best-performing stock in the S&P 500 after the chipmaker…

Mortgage rates are mixed today. According to Zillow, the average 30-year fixed mortgage rate dropped four basis points to 6.09%, while the 15-year fixed rate is up seven basis points to 5.44%. With rates at their lowest in more than a year, now could be a good time to buy a house. Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 6.09% 20-year fixed: 5.75% 15-year fixed: 5.44% 5/1 ARM: 6.22% 7/1 ARM: 6.53% 30-year VA: 5.58% 15-year VA: 5.01% 5/1 VA: 5.48% Remember, these are the national averages and rounded to the nearest hundredth.…

’s recent washout to $46.66 dropped the price straight into the Daily Buy-2 ($46.86) and Weekly Buy-zone demand alignment — a classic mean-reversion territory. This level now serves as Day 0 for our cycle count. As we launch from this pivot, the Daily VC PMI mean ($48.25) becomes the first battleground: acceptance above here confirms reversion is in progress and transitions the tape from bearish to neutral-bullish. That triggers upside magnets at $49.11 (Daily S1) and $49.64 (Daily S2). The 30-day cycle projects the first bullish momentum window into late November, where swing-traders will seek confirmation that dips are being…

Stone Ridge, the New York based alternative risk premia focused investment management group, has executed on a $1.2 billion adverse development reinsurance cover for global re/insurer Everest Group.The adverse development reinsurance agreement came into force from October 1st 2025 and was supported by reinsurer Longtail Re, which is an affiliate of Stone Ridge Holdings Group. Longtail Re, as a reinsurer with a growing stature in the market operates differentiated strategies, on the capital inwards side being backed at least in part via private investor funds, as well as in its asset management approach for the ongoing management of assets related…

The report shows that in metros such as Atlanta, Denver and Houston, luxury homes priced between $1 million and $2 million often offer more than 4,000 square feet — roughly 50% larger than the national average of 2,994 square feet. Coastal markets, including Honolulu, San Jose and San Francisco, remain constrained, with typical listings in that price range offering 1,651, 1,688, and 1,855 square feet, respectively. “Luxury buyers are increasingly seeking value — and that doesn’t always mean a lower price tag, but rather more home for the money,” said Realtor.com senior economist Anthony Smith. “In markets like Honolulu or…