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The Daily Edition

Friday, 30 October 2026

400+ stories across 8 sections

The Takeaway

Amazon's stock price fell by more than 7% on Friday after the company reported disappointing earnings and revenue. The tech giant's third-quarter earnings came in at $1.89 per share, missing the expected target of $1.96 per share. Meanwhile, in the US, the midterm elections on November 3rd are expected to determine the control of Congress and potentially set the stage for the 2028 presidential race.

In the tech and finance sectors, Binance froze $3 billion worth of crypto assets due to a potential security breach, while Anthropic, an artificial intelligence company, accounted for over a third of SpaceX's revenue in Q3. Additionally, Bursa Malaysia's benchmark index slipped into negative territory on Friday, following a slightly higher opening amid weaker overnight sentiment on Wall Street.

Written by urgent.news from the day's reporting.

AI

AI

Amazon burns cash, Intel flags weak PC demand as AI boom's costs ripple across markets

NEW YORK: Wall Street’s concerns over the cost of the artificial intelligence (AI) boom escalated after the market closed on Thursday, as results from Amazon and Intel showed that the infrastructure race was not only straining the technology industry but also affecting consumers.

Wall Street's worries over the AI boom's financial cost intensified after market hours on Thursday, as Amazon and Intel's reports revealed the infrastructure race was straining the tech industry and impacting consumers. Amazon's excessive data center spending and projected sales below expectations have made the once-debt-light tech giants major borrowers.

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Japan's Nikkei slumps 3% as tech stocks tumble on AI worries

TOKYO: Japan’s Nikkei share average dropped as much as 3% on Friday, led by chip-related stocks, as concerns mounted over the sustainability of spending to fund the AI boom. Tokyo tracked overnight losses on Wall Street, and were given additional impetus by late earnings from Amazon and Intel that showed massive cash burns, sending shares…

AI architecture startup Dream launches with $17M in funding

Dream Technologies Inc., a startup using artificial intelligence to generate building designs, launched today with $17 million in funding. Andreessen Horowitz led the seed round. It was joined by SV Angel, XYZ, Zigg Capital and several others. San Francisco-based Dream was founded last year by former Palantir Technologies Inc.

Is AI Killing Google's Golden Goose?

Alphabet's search growth is slowing. Does it portend more trouble ahead?

  • Alphabet's Google stock drops 12% after earnings miss
  • Revenue growth of 25% falls short of $127.9B target
  • AI adoption may revive search growth, CEO says

Tech

Tech

Binance freezes $3 billion in assets after suspected hack

Binance, the world's largest cryptocurrency exchange, said it had frozen $3 billion in crypto assets as it investigated a potential security breach, with stablecoin issuers Circle and Tether freezing related assets.

Binance, the world's largest cryptocurrency exchange, froze $3 billion in digital assets following a suspected security breach. The incident, which could be the largest crypto heist ever, caused immediate market impact, with major cryptocurrencies like Bitcoin and Ether experiencing significant drops. Circle and Tether also froze related assets, while Binance stated it would cover all hacking losses.

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Transactional API for Startup Welcome Emails — Gaming Support vs SMTP Relay

Use an API-first email service for a gaming support form when the backend can own retries, message records, and status polling; keep an SMTP-capable provider when compatibility is the reliability…

  • API-first email service controls failure boundary for retries and status polling
  • SMTP relay chosen when compatibility with older integrations is primary requirement
  • SendGrid offers both API and SMTP relay for migration while maintaining legacy plugins

The Save Button That Did Nothing

Have you ever clicked Save on a long form and watched absolutely nothing happen? No toast. No red text. No movement. Just a button that seems to be ignoring you. That was our app.

  • Marked error messages with field path attribute
  • Used RHF shouldFocusError, but had limitations
  • Waited for page to settle before scrolling

Business

Business

Petronas records RM152.4b revenue in first half of 2026

KUALA LUMPUR, Oct 30 — Petroliam Nasional Bhd (Petronas) recorded revenue of RM152.4 billion in the first half of...

Petronas, Malaysia's national oil company, reported a revenue of RM152.4 billion for the first half of 2026. This surge in earnings was attributed to increased domestic production and higher volumes of liquefied natural gas (LNG) sales. The government's Law and Institutional Reform Minister, Datuk Seri Azalina Othman Said, revealed that the company's increased realised prices for key products also played a significant role in the financial boost.

The rise in prices can be linked to the ongoing geopolitical crisis in West Asia, which has impacted oil markets globally.

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Getting the data right

EDITORIAL: The growing use of artificial intelligence in economic planning, public administration, and service delivery has brought an old problem into sharper focus: technology can be only as…

Govt rules out additional fuel conservation measures

ISLAMABAD: The government on Thursday ruled out additional fuel conservation measures, telling the National Assembly that the country had petrol stocks sufficient for 22 days and diesel reserves for 30 days, with supplies being closely monitored and imports planned to prevent shortages.

Shelled almonds and cashews not smuggled goods under SRO: SC

ISLAMABAD: The Supreme Court of Pakistan held that shelled almonds and cashew nuts do not fall within any of the categories of smuggled goods specified in S.R.O. 566(I)/2005. The judgment, authored by Justice Muhammad Shafi Siddiqui, stated that the subject goods do not fall within the relevant definition of smuggled goods under section…

Finance & Markets

Finance & Markets

Despite cloud boom, Amazon’s stock falls on disappointing earnings and revenue miss

Shares of Amazon.com Inc. fell more than 7% in late trading today after the company missed expectations on earnings and revenue and reported rising negative free cash flow as it continues to throw billions of dollars at its cloud infrastructure build out. The company reported third-quarter earnings before certain costs such as stock compensation of […] The post Despite cloud boom, Amazon’s stock…

Amazon's stock plummeted more than 7% on Friday after the tech giant reported disappointing earnings and revenue that fell short of analysts' expectations. The company's third-quarter earnings before certain costs came to just $1.89 per share, missing the $1.96 per share target set by Wall Street. Revenue for the period amounted to $201.94 billion, up 12% year-over-year but below the consensus estimate of $202.31 billion.

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World

World

Three dead after two helicopters collide midair near Oregon airport

The collision involving a Robinson R22 and an Airbus helicopter occurred on Thursday afternoon, with both aircraft crashing in a field adjacent to a highway.

Three individuals have tragically lost their lives after two helicopters collided midair near McMinnville Municipal Airport in Oregon, according to officials. The incident occurred on Thursday afternoon, with both aircraft plummeting into a field adjacent to a highway. The victims identified so far include a 22-year-old flight instructor from Texas, Maddie Aasbo, and a student pilot from the United Kingdom, whose name has not been released pending notification of next of kin.

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Science

Science

CATL, BYD, Gotion to gain as fossil-fuel prices drive demand for battery energy storage

China’s makers of energy storage systems, including Contemporary Amperex Technology (CATL) and Gotion High-Tech, stand to benefit as conflict in the Middle East keeps fossil fuel prices elevated, raising demand for their products in green energy projects, according to analysts. The tailwinds are expected to outweigh a slowdown in the local market, where weaker-than-expected demand has dragged…

China's leading energy storage system manufacturers, Contemporary Amperex Technology (CATL) and Gotion High-Tech, are poised to profit from the surge in fossil fuel prices due to the ongoing conflict in the Middle East. These elevated prices are expected to drive demand for battery energy storage system (BESS) products in green energy projects, according to analysts.

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The 3 great origin mysteries: The universe, life, and consciousness

Physicist and cosmologist Paul Davies, author of The Demon in the Machine, argues that the deepest mystery of life’s origin is how chemistry came to write its own code. Davies traces the question from Aristotle and Schrödinger’s “aperiodic crystal” to Maxwell’s demon, Michael Levin’s two-headed flatworms, and the possibility of a shadow…

Researchers search for more Naumann's elephant fossils at Hokkaido site

MAKUBETSU, Hokkaido -- Researchers are conducting an excavation for fiscal 2026 at a fossil site in the Churui district of this northern Japan town wh

  • Researchers excavating Hokkaido site for more Naumann's elephant fossils.
  • 2024 discovery site and nearby areas focus of excavation.
  • Public events and lodging plan related to excavation sold out.

New X-ray method isolates faint signals from water at material surfaces

A research team from Toyohashi University of Technology, the Institute for Molecular Science and the Institute of Science Tokyo, led by Yu Kinjo and professor Ryugo Tero of Toyohashi University of Technology, has developed a new method to investigate the state of water near material surfaces using X-rays.

Health & Medicine

Health & Medicine

Diagnosing WordPress Plugin Conflicts Without Guesswork

Plugin conflicts rarely say their name. A form stops sending, checkout CSS breaks, or admin whitescreens after an update. The instinct — deactivate everything, re-enable one by one — works, but it is slow and disruptive on a live store. Here is the order I use before touching a single switch. 1. Read the error before you deactivate anything Enable logging in wp-config.php : define ( 'WP_DEBUG' ,…

When WordPress plugins clash, the clues aren't always apparent. A page might stop accepting input, the checkout page could display incorrectly, or the admin dashboard could display a white screen after an update. The temptation to deactivate everything and then enable them one at a time can be strong, but it's a time-consuming and disruptive approach for an active storefront. Here's a more efficient method to identify and resolve plugin conflicts before making any changes.

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Diagnosing Packet Loss: Telling Link Errors, Queue Drops, and Rate Limiting Apart

Disclosure up front: I run IPYE, a company that leases IP space. It gets one short paragraph at the end; the rest is plain networking. "We are seeing packet loss" is a report, not a diagnosis.

  • Measure packet loss with multiple probes and packet sizes
  • Examine MTR output, ignore loss stopping at final hop
  • Inspect local host for errors, drops, or overflows

Culture

Culture

Ian McKellen Remembers Beloved Friend Patrick Stewart: ‘Wore His Heart on His Sleeve’

The actor says his "X-Men" co-star was "a man to rely on, to admire and in my case, love" The post Ian McKellen Remembers Beloved Friend Patrick Stewart: ‘Wore His Heart on His Sleeve’ appeared first on TheWrap .

Ian McKellen, who starred alongside Patrick Stewart in various projects such as the "X-Men" films and "Waiting for Godot," shared his memories of his late friend on Instagram. McKellen praised Stewart's Yorkshire roots, noting that he could hear it in the actor's accent and honesty. He described Stewart as a man who wore his heart on his sleeve, reliable, admirable, and loveable.

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Christian Watson injury: Packers WR headed to hospital for chest evaluation

Green Bay Packers quarterback Jordan Love connected with wide receiver Christian Watson for a huge 53-yard gain in the first half of Thursday night’s game against the Carolina Panthers. But after the play Watson stayed down on the turf at Lambeau Field for an extended period, and then was taken to the blue medical tent […]

Sports chiefs face losing battle to keep sport separate from politics

IOC president Kirsty Coventry's desire is that "politics does not take over on the field of play", but Ukraine and former executives from her organisation have told AFP that politics and sport remain inseparable."They can only do so if we keep sport strictly neutral ground, if politics does not take over on the field of play," she added.

SAG-AFTRA Members Ratify New 4-Year TV Animation Contracts

"As someone who often works in TV animation, my heartfelt thanks goes out to the TV Animation Negotiating Committee," President Sean Astin says The post SAG-AFTRA Members Ratify New 4-Year TV Animation Contracts appeared first on TheWrap .

  • 94.5% of SAG-AFTRA members approved new TV animation contracts.
  • Contracts include 12.6% wage increase over four years.
  • Enhanced AI protections and improved benefits negotiated.

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