Author: Pritam Barman
Pritam Barman is the Founder, Editor and Chief Market Analyst at DailyKnown.com. An economist by training (M.A. in Economics, University of Arizona) with a specialized Capital Markets certification, he turns complex business and finance developments into clear, practical insights. With 7+ years of experience across market research, asset management and strategic forecasting, his coverage prioritizes accuracy, context and transparency. He writes on markets, companies, fintech, small business, and personal finance, with a focus on cryptocurrency regulation, macroeconomic policy, U.S. market trends and fintech innovation. A Certified Financial Journalist, Pritam is committed to timely, high-quality analysis and rigorous standards on sourcing and disclosures. Contact: pritambarman417@gmail.com | Tips & pitches: support@dailyknown.com.
AI spending set the tone for markets this week. A Federal Reserve rate cut and a dense earnings calendar were overshadowed by how decisively investors rewarded companies that paired AI spending with visible revenue growth—and how quickly they punished those that did not. The S&P 500 and Nasdaq 100 advanced and hovered near record territory as results from America’s largest tech firms reinforced the durability of the AI trade. Investors focused less on promises and more on payoffs. AI spending remains central to strategy across the megacaps, but discipline is rising as traders look for proof that capital outlays are…
Berkshire Hathaway earnings rose sharply in the third quarter as Warren Buffett’s conglomerate amassed a record $381.7 billion in cash and equivalents, reflecting strong insurance results during a quiet catastrophe season and disciplined capital deployment. Filings released Saturday show operating earnings of $13.5 billion, up 34% year over year. The company’s insurance operations were the standout, offsetting a drop in net investment income tied to lower short‑term interest rates and a softer result at Geico. Berkshire Hathaway earnings: key numbers and takeaways Together, these figures frame Berkshire Hathaway earnings as a product of underwriting strength, cautious investing and sustained liquidity.…
Nexperia chip shipments are poised to restart after a high‑level trade pact struck by Donald Trump and Xi Jinping, according to people familiar with the matter, easing fears of a supply crunch that threatened to halt auto production in Europe and ripple across global manufacturing. The administration in Washington is preparing a fact sheet outlining the framework that would allow Nexperia BV to resume deliveries from facilities in China, the Netherlands and other locations. Beijing’s Commerce Ministry signaled it will permit exports under specified conditions, though it has not publicly detailed which product lines qualify or the eligibility requirements. If…
Stock market today opened on a split screen: Japan surged, the U.S. finished modestly higher, and Europe eased as investors weighed earnings and regional data. The pattern underscored a measured risk-on tone in parts of Asia and the U.S., with a softer close across major European benchmarks. Across regions, stock market today showed tight but telling moves. Tech-leaning U.S. gauges climbed, Japan outperformed with a strong rally, and China plus Hong Kong retreated. Europe’s biggest indexes slipped as traders balanced solid 1-year gains with near-term caution. Here are the key prints that defined the stock market today across major indices:…
Dangote refinery is producing more gasoline and diesel than Nigeria currently consumes, aligning with a government plan to introduce a 15% import duty on refined fuels to support local processing and strengthen energy security. In a statement, Dangote Group spokesman Anthony Chiejina said the refinery is “loading 45 million liters of PMS and 25 million liters of diesel daily, which exceeds Nigeria’s demand.” He added that the facility’s output “not only guarantees local supply, but also enhances energy security and reduces dependence on imports.” The policy backdrop is moving quickly. President Bola Tinubu has approved the “immediate implementation” of a…
Gold futures fell to $3,996.50 as of 12:00 AM EDT on October 31, 2025, down $19.40 or 0.48% from the prior close. The session repeatedly tested the $4,000 line, with price action rotating around that round-number level before finishing fractionally below it. The previous close stood at $4,015.90, framing a modest red day that still left the contract near the upper reaches of its multi-month range. Today’s action: open, range and settlement The Generic 1st ‘GC’ Future (GC1:COM) opened at $4,038.20 and traded between $3,982.30 and $4,059.90 during the session. After the open, the market faded and briefly undercut $4,000,…
S&P 500 Index closed at 6,840.20 on October 31, 2025, up 17.86 points or 0.26% as a late-session rebound helped the benchmark finish above the prior close of 6,822.34. The move came as the market wrapped up trading at 4:55 PM EDT, leaving the index within sight of its recent highs and capping a session marked by early weakness and a steady afternoon recovery. Today’s Close and Intraday Action for the S&P 500 Index The S&P 500 Index opened at 6,879.17, which also marked the session high. From the open, prices slipped through the morning and mid-day, touching the session…
High paying remote jobs are not disappearing in 2026—they’re stratifying. While some companies move back to the office, the most skilled professionals are landing six-figure roles they can do from anywhere. Data from leading organizations shows a clear pattern: companies enforce RTO for generalists, while simultaneously competing globally for elite, remote-first specialists. If you want to be in the top tier, this guide shows where the demand is, which roles pay $100,000+, and how to prove you’re “remote-ready” for the 2026 market. The 2026 Remote Work Paradox: Why high paying remote jobs are rising as RTO returns Reports of the…
AI tools for small businesses 2026 are no longer hype—they are practical, affordable, and ready to help you reclaim hours every week. If you run a small company, you already juggle marketing, customer support, invoicing, hiring, and growth. The right AI software can automate repetitive work, improve accuracy, and free up your team for higher-value tasks without ballooning your budget. Small businesses power the U.S. economy. According to the U.S. Small Business Administration, they make up 99.9% of American companies and employ over 61 million workers. Used well, AI can be a force multiplier for these teams. McKinsey research indicates…
Regulatory reporting automation has become standard across banks and brokers, but siloed deployments are creating a hidden multiplier effect that quietly drives up cost, complexity and risk. Instead of streamlined operations, firms are finding duplicated logic, brittle integrations and painful reconciliations that compound over time. That is the central warning from Dan Shmueli, Vice President of Strategy, Regulatory Solutions, Americas at Nasdaq, who argues that regulatory reporting automation built in isolated steps often delivers the wrong kind of efficiency—short-term relief that breeds long-term fragility. His call to action: move to Straight-Through Processing (STP), an end-to-end model that moves data from…