November 6, 2025, 10:30 PM EST. Google Finance is adding AI-powered Deep Search, enhanced charting and prediction-market data powered by Google's Gemini models. The update lets users ask open-ended questions and receive AI-generated answers with citations and a built-in "research plan." Deep Search scans the web, aggregates results and links references. It's in Google Labs, with expansion to AI Pro and AI Ultra soon, and a first India launch in English and Hindi. New charting includes technical indicators, historical overlays and sector comparisons. Prediction markets from Kalshi and Polymarket show probabilities for events like inflation or rate decisions, though liquidity can affect reliability. The move aligns with a broader shift to explainable, auditable AI that augments workflows, not replaces them, echoed by banks' internal tools and other platforms like Bloomberg.
November 6, 2025, 10:28 PM EST. Analysts are scrutinizing a new Tesla pay package that could pay out as much as $1 trillion to Elon Musk if performance milestones are met. The compensation plan ties future rewards to the company's long-term growth, profitability, and strategic milestones, potentially delivered through equity-based incentives subject to regulatory and shareholder approval. Supporters say the plan aligns leadership incentives with long-term shareholder value and the company's roadmap for innovation, while critics warn about the risks of extreme compensation at a time of public scrutiny. The report underscores ongoing debates about executive pay in the tech and auto sectors and how such packages shape corporate strategy.
November 6, 2025, 10:26 PM EST. The White House has told federal agencies it will not permit Nvidia to sell its latest scaled-down AI chips to China, per The Information. The chip, dubbed the B30A, has been provided as samples to Chinese customers as Nvidia weighs a redesign to win U.S. approval. Nvidia says it has zero share in China's datacenter market and isn't guiding toward it. Beijing has issued guidance requiring state-funded data centers to use domestically developed chips, effectively shutting Nvidia out of a lucrative market. Projects less than 30% complete must remove foreign chips or cancel purchases; more advanced projects will be reviewed on a case-by-case basis. The development underscores export controls, the role of gray market channels, and the broader push to restrict AI chip sales to China.
November 6, 2025, 10:22 PM EST. CarGurus aims to double its total addressable market by adding AI-powered dealer software beyond its shopping site. The company says dealers spend about $3.5B on marketplaces and a further $4B on software and data products, expanding its TAM. The flagship PriceVantage uses real-time demand from CarGurus' marketplace and ML to optimize pricing, turns, and profitability, with data-driven recommendations. Early beta results show a 5X improvement in dealer turn-time versus top competitors, a 68% median increase in daily VDP views, and 77% of recommendations meeting or exceeding predicted sales velocity. On the consumer side, CG Discover (generative AI shopping assistant) and Dealership Mode extend AI across the buying journey, with traffic and leads up notably. CEO Jason Trevisan says the suite positions CarGurus as an intelligence-driven partner at every workflow stage.
November 6, 2025, 10:06 PM EST. Job cuts surged to the sharpest October tally in more than two decades as firms pursue AI-driven restructuring and aggressive cost-cutting. Challenger, Gray & Christmas tallies 153,074 layoffs in October, up 175% year over year and 183% from September-the largest October since 2003. The report flags a reversal of the taboo against fourth-quarter layoffs, pressured by social media and investors. Tech led with about 33,000 cuts, followed by warehousing and consumer-services sectors as automation replaces workers. From January through October, US employers announced over 1.09 million cuts, a 65% jump from 2024. With AI at the core of restructuring and weak hiring plans, new hires remain near the lowest levels in years, signaling a tight labor market amid slower growth.