Baker Hughes announced that US energy companies reduced the number of active drilling rigs this week. The total count of oil and gas rigs for US energy companies for the week ending November 13 decreased by 3 to 601. The number of oil rigs for US energy companies remained unchanged at 463 this week.

Klarna has appointed Chris Kogell, formerly head of corporate finance and investor relations at Robinhood, as its new Chief Financial Officer following a three-month search. Chris Kogell will begin his role on January 1, succeeding Niklas Neglen, who served for six years. Klarna has appointed Brandon Gracy, who built the commercial team over 25 years, as Head of North America.

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Noodles & Company recorded a 9.5% increase in comparable store sales for the third quarter. Noodles & Company achieved a 10.7% increase in company-owned restaurant sales in the third quarter. CEO Joe Christina said changes in the operating model are appearing.

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Ferrovial subsidiary Webber secured a water project contract valued at $537.9 million. The company will construct the Mary Creek water reclamation facility to process 10 million gallons of daily water capacity once operational. The Texas State Legislature decided on a $20 billion budget for the water sector last year.

Eagle Point Income Company recorded $0.73 in net investment income per share for the third quarter. Eagle Point Income Company achieved a surprise ratio of 108.6% compared to third-quarter consensus estimates. Eagle Point Income Company reported total investment income of $19.92 million for the third quarter.

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Bit Digital recorded $27.1 million in Q3 revenue, a 16% decrease compared to the previous quarter. JonesTrading reaffirmed its Buy rating and a $3.50 price target for Bit Digital, citing an upside potential of approximately 343% against Wednesday's closing price of $0.79. Analyst Kevin Dede stated that Bit Digital's revenue fell below market expectations and his own estimate of $30.3 million.

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Horizon Quantum has deepened its technical execution capabilities. A quarterly update report has been issued detailing the deepened technical execution capabilities. The report is a downloadable quarterly update report.

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Anthropic will hold its IPO on November 19. The target valuation for Anthropic has been adjusted down to $1.4 trillion from previous rumors of $2 trillion. Anthropic aims to raise $64.4 billion.

Market pressure mounted as rotation from tech stocks to defensive sectors occurred due to Nvidia uncertainty and rising Treasury yields. The Nasdaq Composite fell 1.45% and the S&P 500 fell 0.82%. Selling pressure intensified across the semiconductor industry following the resignation of Nvidia CEO Jensen Huang.

Centene Management Company LLC will lay off 69 employees in Hawaii starting January 4. The Ohana Health Plan will end on December 31, concluding nearly 20 years of service. The termination of the Ohana Health Plan requires approximately 24,000 members to select new plans.

The average cost per Black Rock Coffee Bar store in 2026 was shown to be approximately $800,000, considering tenant improvement allowances. Black Rock Coffee Bar raised its annual store opening target from 38 to 40 in its third-quarter earnings announcement. Black Rock Coffee Bar opened 35 stores this year.

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The Children's Place stores have started a liquidation sale ahead of nationwide closures. Discounts of 30% to 60% are being applied to all children's clothing, shoes, accessories, and holiday items. Gift cards must be used by December 12 and will not be accepted after that date.

Zoom Venture Capital Unit has invested in Medaica. Medaica received FDA approval in February 2025 for its Medaica M1 remote telehealth stethoscope platform. The projected value of the global telehealth market in 2025 is $403 million.

Net absorption of Dallas-Fort Worth apartment units reached 7,049 in the third quarter, nearly doubling from the previous year. Occupancy rates rose by 10 bps in the third quarter to reach 94%. Colliers forecasts that the number of demand units will reach 21,514 by the end of the third quarter of 2027.

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JLL announced a predicted increase of 3.1% to 4.2% in US bid prices for 2027. Real construction spending is expected to decline for the second consecutive year in 2026. 50% to 58% of data center budgets are allocated to mechanical, electrical, and plumbing work.

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Stripe and Paradigm introduced Tempo in September 2025. As of October 2025, the startup Tempo is valued at $5 billion. Tempo allocates 90% of block space priority to simple payment transactions.

CEO Jensen Huang resigned on Thursday and stepped down from the board. Nvidia shares fell approximately 14%, erasing $590 billion in Nvidia's value. Nvidia's maximum data center lease guarantee of $108.5 billion remains in place according to the contract.

The sale of 15 Global Net Lease gas station, convenience store, and car wash assets for approximately $70 million recorded a 6.5% cash return rate. The Boulder Group's average single-tenant net lease cap rate of 6.92% in Q3 includes a 10 bps increase in The Boulder Group's cap rate during Q3. CEO Michael Weil stated that bonus depreciation demand contributed to maintaining prices.

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Skydance hopes to save at least $2.2 billion through reductions in real estate and facility operating costs. Co-CEO Elon Kraize set a lower limit of $2.2 billion for Skydance's savings target during Monday's earnings announcement. Skydance is pursuing a $6 billion cost-cutting plan over three years.

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Bitcoin prices fell to $68,000 on Friday. Hut 8 dropped 6%, while Riot Platforms and MARA Holdings each recorded a 3.9% loss. Market volatility increased following the announcement of a 0.4% US consumer inflation rate in October.

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CaliberCos Inc. recorded a 9% year-over-year growth in Caliber platform revenue. Caliber platform adjusted EBITDA saw an $800,000 improvement year-over-year. CaliberCos Inc. lowered its annual total revenue guidance range to $15 million to $17 million.

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Innventure recorded a net loss of 333,840,000 dollars for the quarter. Innventure's headcount has decreased from 40 to 15 employees this year. Nasdaq issued a deficiency notice regarding the minimum bid price on October 23.

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PayPal submitted an application to the FDIC and the Utah Department of Financial Institutions last December to establish an industrial loan company in Utah. CEO Enrique Lores cut approximately 2,000 employees as part of a restructuring plan started in April. CFO Jamie Miller mentioned an expected $1.5 billion in cost savings for PayPal over the next 2 to 3 years.

PPI reached 6.5% year-on-year last month, marking a nearly 4-year high. October PPI rose 0.3% month-on-month, lower than the previous month's unrevised 1.3% month-on-month increase. Fed officials are discussing whether a 50bp rate hike would be more appropriate at the December 8-9 meeting.

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As of November 9, the national average price for US heating oil was approximately $5.91 per gallon. The national average price for US heating oil rose 59% compared to the previous year. Jason Parrent, CEO of AVEC Community Action, said the price surge is overwhelming people.

CoreWeave recorded a 168% year-over-year revenue growth rate in the third quarter. CoreWeave achieved $3.66 billion in third-quarter revenue. CoreWeave expects to collect $9 billion in customer prepayments over the next three months.

The US Bureau of Labor Statistics reported a 0.4% consumer price increase in October. The CME FedWatch Tool recorded an 86.8% probability of a 25bp interest rate hike on Wednesday. Historically, it has been advantageous for investors to remain invested while maintaining a diversified portfolio during market crashes caused by inflation.

DigitalOcean's stock price rose 65% this year, outperforming the S&P 500 index return of 10%. DigitalOcean recorded a 10x token volume growth multiple in Q3 2026 compared to Q2. Management forecasts a revenue growth rate of over 60% for 2027.

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Bristol Myers Squibb is facing the expiration of patent protections for its existing drugs. Bristol Myers Squibb's growth portfolio recorded $7.66 billion in sales in the third quarter of 2026. Eliquis is currently recording $4.69 billion in sales.

Cisco forecasts AI infrastructure revenue of $9 billion for this fiscal year. Cisco recorded $18.5 billion in revenue for the first fiscal quarter. Cisco achieved a revenue growth rate of 24% in the first fiscal quarter.