Image: Rajesh Kumar Singh/AP

  • ☝️ Millions of Indians began celebrating Diwali, the annual Hindu festival of lights, by lighting a record 2.51 million clay oil lamps on the banks of the river Saryu at dusk on Wednesday.

BUSINESS & MARKETS

in partnership with Cornbread Hemp

  • 💰 US markets fell in October (S&P: -1.0%; Dow: -1.3%; Nasdaq: -0.1%). | 🏡 Mortgage rates rose for a fifth straight week; the average 30-year fixed rate is 6.72%, per Freddie Mac.
  • 🛻 Ford is pausing production of its F-150 Lightning pickup for several weeks to address high inventories and financial losses. | ✈️ Boeing and its striking machinists’ union agreed on a new negotiated offer; a ratification vote is set for Monday.
  • 🍏 Apple reported quarterly results that beat on revenue and earnings; iPhone sales and overall sales both rose 6%. | 🖥️ Intel reported strong quarterly results; issued guidance that topped estimates; shares rose 7% in extended trading. | 📦 Amazon reported strong quarterly results powered by growth in its cloud and advertising units.

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SPORTS, MEDIA & ENTERTAINMENT

  • 📺⚖️ Sony is suing CBS for alleged breach of contract, claiming that CBS undercut the value of Jeopardy! and Wheel of Fortune to serve its own interests
  • UEFA, soccer’s governing body in Europe, pledged to invest $1.1 billion over the next six years to develop women’s soccer across the continent.
  • 🎶🎮 Nintendo launched a new music streaming app featuring various soundtracks from franchises like Super Mario Bros., Pokémon, Legend of Zelda, and more. | 🎮 The Call of Duty franchise has sold over 500 million games, with the milestone achieved prior to last week’s release of Black Ops 6, Activision Blizzard revealed.

SCIENCE, SPACE & EMERGING TECH

in partnership with Armoire

  • 🤖🗺️ Google announced plans to use generative AI to enhance its mapping activities across Google Maps, Google Earth, and Waze. | 🤖🔍 OpenAI launched ChatGPT Search, which lets users of its flagship chatbot search for timely information with in-line attribution to news publishers and other sources.
  • 🏥 Obese teens who undergo weight-loss surgery tend to keep most of the weight off a decade later, and also avoid obesity-related conditions like type 2 diabetes and hypertension, per a new study.
  • 🍷 Alcohol consumption among animals is more widespread than scientists currently assume, according to a new study.

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MISCELLANEOUS

  • 🇪🇸 The death toll from this week’s massive flooding in Valencia, Spain, climbed to at least 158 people yesterday; an unknown number of people are still missing.
  • 🗽🚸 New York City officially legalized jaywalking.
  • 🇨🇳🏥 AstraZeneca said its China president is under investigation by Chinese authorities, in the latest example of government scrutiny over alleged wrongdoing by foreign businesses.

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