Consumer Tech Weekly Roundup Covers Earnings, AI and Product News
A consumer technology roundup covers reported results, AI developments, product announcements and other corporate news from Oct. 12–16.
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TRADING DAY — Global tech rout loses steam
By Jamie McGeever ORLANDO, Florida, Oct 15 (Reuters) — The AI equity rout accelerated significantly in Asia on Thursday on growing fears about the murky, circular financing powering the intelligence revolution's buildout, although its force evaporated in European and US trading hours. Still, safe-haven inflows meant US
TRADING DAY — Tech melt
By Jamie McGeever ORLANDO, Florida, Oct 14 (Reuters) — US stocks fell sharply on Wednesday, with the Nasdaq clocking its biggest fall in three months, on surprisingly strong inflation data and deepening worries over the costs involved in financing the AI buildout. The inflation figures put a Fed rate hike later this mo
Regal Rexnord Q2 2026 Earnings Call: Complete Transcript
Regal Rexnord (NYSE: RRX ) released second-quarter financial results and hosted an earnings call on Wednesday. Read the complete transcript below. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. The full earnings call is available at Summary Regal Rexnord reported a s
Bitcoin falls 2.3% as Treasury yields rise
Bitcoin traded near $83,559, down 2.3% on the day, as markets reacted to rising Treasury yields and a hawkish shift in the Fed backdrop.
Bitcoin hovers near $83,500 as stocks trim losses
Bitcoin sold off and hovered near $83,500 while U.S. stock indexes pared earlier declines after Treasury yields and oil pulled back. The move came during broader afternoon trading that also saw the Dow, S&P 500 and Nasdaq recover some ground.
Everpure stock rises on AI demand and subscriptions
Everpure shares rose 3.5% to $152.32 as the company’s data-storage business benefited from AI infrastructure spending and a growing subscription model. The stock has gained 127% this year and the company recently raised its long-term revenue target at its investor day.
Bitcoin falls 2.9% as Treasury yields rise
Bitcoin dropped 2.9% to a session low of $82,884 as Treasury yields pushed higher and U.S. stocks weakened.
Everpure stock extends rally on AI demand
Everpure shares rose 2.3% as the company’s AI-data-center exposure and subscription model continued to draw investor interest. The article also notes the stock is up 123% this year and that Wall Street analysts have lifted price targets since the company’s investor day.
Bitcoin falls 2.9% to session low
Bitcoin dropped 2.9% to a session low of $82,884 as major U.S. stock indexes and Treasury yields moved higher. The article also said Bitcoin remains more than 34% below its all-time high of $126,272.
US tanker-for-tanker strikes lift oil prices; Europe joins bond selloff
LiveSquawk reports US strikes on Iran tankers under a new “tanker for tanker” policy, with Middle East hostilities lifting oil prices. Europe joined a global bond selloff as a result.
U.S. stock futures rise as Bessent threatens Iran sanctions
U.S. stock futures advance as Treasury Secretary Scott Bessent says the U.S. will levy "the toughest sanctions in history" against Iran, while Dow Jones, S&P 500 and Nasdaq 100 futures trade higher.
Westinghouse Air Brake Q2 2026 Earnings Call: Complete Transcript
Westinghouse Air Brake (NYSE: WAB ) released second-quarter financial results and hosted an earnings call on Wednesday. Read the complete transcript below. This content is powered APIs. For comprehensive financial data and transcripts, visit View the webcast at Summary Westinghouse Air Brake reported a strong second qu
com Asia Market Update: Training wheels are being removed in terms of monetary and FX intervention policies; Q3 chip-maker volatility contin
***General Trend and Developments*** - TECH: Shares of Meta rallied by >8% in NY trading. The move came as the co. is said to be building a cloud business to sell excess AI compute, which could ease concerns about the co’s costs [press]. Recent cost reduction news also circulated in The Information related to OpenAI on
com Asia Market Update: Training wheels are being removed in terms of monetary and FX intervention policies; Q3 chip-maker volatility contin
***General Trend and Developments*** - TECH: Shares of Meta rallied by >8% in NY trading. The move came as the co. is said to be building a cloud business to sell excess AI compute, which could ease concerns about the co’s costs [press]. Recent cost reduction news also circulated in The Information related to OpenAI on
com Asia Market Update: Training wheels are being removed in terms of monetary and FX intervention policies; Q3 chip-maker volatility contin
***General Trend and Developments*** - TECH: Shares of Meta rallied by >8% in NY trading. The move came as the co. is said to be building a cloud business to sell excess AI compute, which could ease concerns about the co’s costs [press]. Recent cost reduction news also circulated in The Information related to OpenAI on
Dell Soars on AI Sales
Dell's stock rises on strong AI-driven sales, while Anthropic surpasses OpenAI as most valuable AI startup. This move may impact tech sector stocks.
Dell rises on AI sales
Dell's AI sales boost stock, Anthropic valued higher than OpenAI. Tech sector sees AI-driven gains.
Dell AI Sales Rise
Dell's on-premise AI investments drive sales growth, boosting revenue. This move may impact cloud computing competitors.