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- Audi defends plans for a $4 billion Georgia plant amid VW restructuring, tariffs
Audi CEO Gernot Dollner defended the carmaker's plan for a $4 billion plant in Georgia, its first in the U.S., which President Donald Trump announced at a Georgia rally on Saturday. Dollner said the move aims to grow sales and reduce exposure to U.S. tariffs, and that it does not take work away from Germany, which remains the backbone of the brand. The site followed more than 70 locations evaluated over many months and is expected to begin production of the Q7, Q8 and Q9 in the early 2030s, with capacity of up to 200,000 vehicles a year, roughly half to be exported. The announcement comes as parent Volkswagen plans to cut 50,000 jobs and close four German plants, including an Audi facility, between 2031 and 2034. U.S. tariffs cost Audi 1.2 billion euros ($1.4 billion) last year, and tariffs on German vehicles are now 15%, down from 25%.
- US Permanent Residency Suspension: Indian IT Workers Hit By Domestic Politics
The US Department of Labor has suspended eight IT firms, including Infosys, TCS, Wipro, HCL Technologies, Cognizant, Capgemini, Microsoft and Adobe, from applying for permanent residency for foreign workers. The firms can still hire through H1B visas, but pending green card applications are on hold and no new ones will be accepted, making permanent residency harder for H1B holders. The article argues the move may aim to appease a domestic electorate ahead of the 3 November 2026 midterm elections, as Trump's approval has fallen and the economy has weakened. It also sees it as economic pressure in the stalled US-India trade deal, which India's Finance Minister Nirmala Sitharaman has said has “plateaued”. It notes, however, that the restrictions could encourage more US firms to expand Global Capability Centers in India.
- FACT FOCUS : When it comes to Trump economy , these are the numbers that matter before Nov . 3
Ahead of the Nov. 3 midterm elections, President Donald Trump says the economy is strong, but voters cite inflation, with gasoline prices up due to the Iran war and high interest rates. The latest CPI before the election showed inflation at 3.7% over the past 12 months, after it had slowed until April 2025 and then climbed again following Trump's sweeping tariffs. GDP has grown a bit more than 2% annually and the unemployment rate is 4.2%, but job growth has slowed to almost 39,000 jobs a month in Trump's second term, versus over 121,000 in the prior year. The 10-year Treasury yield is above 5%, its highest level since 2002. According to Federal Reserve data, the wealth of the top 0.1% of households rose $5.5 trillion in 18 months, while the bottom 50% gained $380 billion.
- Fact check : When it comes to Trump economy , these numbers matter
AP's fact check finds the U.S. economy under Trump is neither as strong as he claims nor as weak as consumer sentiment surveys suggest. Inflation was 3.7% over the 12 months to the last CPI report before Election Day, after slowing until April 2025 and then rising again following new tariffs and the Iran war. GDP has grown a little over 2% a year and unemployment is 4.2%, but job gains average nearly 39,000 a month, versus more than 121,000 in the year before Trump returned. The 10-year Treasury yield is above 5%, its highest since 2002. The S&P 500 is up about 12% this year, while the top 0.1% of households gained $5.5 trillion in wealth in 18 months versus $380 billion for the bottom 50%.
- Fact check : When it comes to Trump economy , these numbers matter
President Donald Trump is trying to persuade voters before the midterm elections on Nov. 3 that the U.S. economy is soaring, but many voters say inflation remains a problem because the Iran war has pushed up gasoline prices, groceries are still expensive, and high interest rates make it harder to buy a home or car. Inflation was 3.7% over the past 12 months, after it slowed until April 2025 and then climbed again following sweeping tariffs and the Iran war. GDP has grown a bit over 2% a year and unemployment is 4.2%, but job growth has slowed to about 39,000 jobs a month in Trump's second term, compared with more than 121,000 a month in the year before he returned to the White House. The 10-year Treasury yield is above 5%, its highest since 2002, while the S&P 500 is up about 12% this year. The top 0.1% of households gained $5.5 trillion in wealth in 18 months, while the bottom 50% gained $380 billion.
- Fact check : When it comes to Trump economy , these numbers matter
Ahead of the Nov. 3 midterm elections, President Donald Trump says the U.S. economy is rocketing upward, but voters say inflation remains a challenge amid higher gasoline prices from the Iran war and high borrowing costs. The latest CPI report showed annual inflation at 3.7%, after slowing until April 2025 and climbing again following new tariffs. GDP has grown a bit over 2% a year under Trump, and unemployment is 4.2%, but employers added about 39,000 jobs a month in his second term versus over 121,000 in the year before he returned to the White House. The 10-year Treasury yield is above 5%, its highest since 2002, while the S&P 500 is up about 12% this year. The wealth of the top 0.1% of households rose by $5.5 trillion in 18 months, compared with a $380 billion gain for the bottom 50%.
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- 'The world's super company': Wall Street weighs SpaceX earnings, company's likely Tesla tie-up
Wall Street analysts are weighing SpaceX (SPCX) as a potentially giant company, especially with a possible tie-up with Tesla (TSLA). Elon Musk, CEO of both firms, projects SpaceX's annual recurring revenue by end-2027 at between 500 billion USD and 1 trillion USD. Its booming AI compute business has fueled bets that SpaceX could become a fifth hyperscaler alongside Meta, Alphabet, Microsoft and Amazon. RBC Capital Markets says Tesla's planned Terafab chip production is a way to bypass Nvidia and TSMC, while Canaccord Genuity raised its Tesla price target to 442 USD from 410 USD on a merger-based view. JPMorgan more than doubled its SpaceX price target to 500 USD, with shares trading at 146 USD on Friday.
- Meta Just Dropped 9% in a Week. Is It Time to Sell, or Load Up?
Meta stock fell about 9% over the past week, mostly after its third-quarter report: revenue rose 26% to 64.6 billion USD, but free cash flow was negative at 2.12 billion USD as capex reached 34.91 billion USD, above operating cash flow of 32.79 billion USD. Meta raised the floor of its 2026 capex range to 135 billion USD, and a New Mexico court ordered it to pay a 25 billion USD fine over the Cambridge Analytica scandal; the company says it will appeal and holds 82.5 billion USD in cash. The stock trades at about 20x forward earnings, below its five-year average of 21x. The author argues investors could buy more if they can accept dilution from the non-voting Class C stock arriving in 2027. The consensus target of 844 USD is about 31% above Friday's close.
- 3 Superior Growth Stocks to Buy Now and Hold for 10 Years
Gartner expects worldwide AI spending to reach about $2.7 trillion in 2026 and $3.6 trillion in 2027, and the article names CrowdStrike, Snowflake and Dell Technologies as well positioned to benefit. CrowdStrike's stock has doubled this year as net new ARR grew 51% year over year in fiscal Q2 2027, and it trades at about 40 times expected fiscal-year revenue. Snowflake, up about 46% this year, saw product revenue growth reach 37% last quarter and raised its full-year product revenue growth outlook to 36% from 31%, at about 18 times expected product revenue. Dell, up about 285% this year, reported AI server revenue doubling and a record $95 billion AI backlog, trading at about 18 times expected earnings.
- Experts point to sector groups that could draw cash flow in Q4
Mr. Bùi Văn Huy, General Director of FIDT, says the recent rebound in the VN-Index has been driven largely by Vingroup-related stocks, with VIC and VHM alone adding over 21 points to the index on the 22/10 session. Cash flow remains weak, liquidity has not surged, foreign investors are net sellers and interest rates are still high, so the index's gains do not yet mean overall market health has fully recovered. For Q4, he suggests buying on market corrections rather than rushing, deploying capital gradually, limiting margin use, favoring companies with solid finances and avoiding chasing overheated blue chips. Sectors he says investors may watch include infrastructure, public investment, energy and green transition, and companies benefiting from preferential loans, while technology and digital transformation still face pressure from the global AI wave. He also stresses monitoring inflation, exchange rates and Fed policy, and reducing stock exposure if inflation gets out of control or interest rates turn upward.
- SSI Research Director projects a scenario of USD 10 billion flowing into Vietnam's stock market
Phạm Lưu Hưng, Director of Analysis at SSI Research, says MSCI values real implementation over new policies, so Vietnam should remove bottlenecks rather than wait for funds leaving Indonesia. Progress has emerged on free-float and foreign ownership, while the central counterparty (CCP) mechanism could be rolled out in Q1/2027 or by Q2/2027 at the latest. In the base case, Vietnam could be placed under review in 2028 and formally upgraded in 2029, and an earlier CCP launch could bring the timeline forward by a year. He estimates that total assets under management of MSCI-tracking funds could exceed USD 2,000 billion at the time of upgrade, and that a 0.5% weight would imply potential inflows of about USD 10 billion, possibly staged in tranches running until around 2030 in the base case.
- I Said Palantir Stock Would Top $220 This Year. Here's What It Has to Prove on Nov. 2.
The author maintains his prediction that Palantir will reach $220 per share before the end of 2026, though shares traded at $190 to $198 on Friday. Palantir reports third-quarter earnings on Nov. 2, and he says it needs three things: quarterly revenue above $2.3 billion (management guided to about $2.16 billion, roughly 12% sequential growth versus about 19% in Q2), evidence that its AI sovereignty efforts are producing meaningful business, and an adjusted operating margin above Q2's 62%. Q2 revenue rose 93% year over year to $1.94 billion. He notes the stock is not cheap and says reaching $220 this year will require more than another good earnings report.
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