Reported 14 days ago
On October 16, 2025, stock futures indicate a positive start as earnings reports exceed expectations, with notable movements in major companies. Walmart's shares rise due to its partnership with OpenAI, while Salesforce sees an increase following new revenue targets. Taiwan Semiconductor Manufacturing Co. reports significant revenue growth driven by AI chip demand, but Nestlé announces plans to cut 16,000 jobs, impacting its workforce significantly. Gold prices hit a record high amid market volatility, drawing interest from investors.
Source: YAHOO