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Rundown · Thursday, October 29, 2026

Finance news on October 29, 2026

On Thursday, October 29, 2026 the Finance desk recorded 4 news events. The earliest report came from CNBC at 10:12 UTC.

  1. 01

    Coverage recordCNBC: “European Central Bank President Lagarde to stand down in Februrary”

    3 outlets · first: CNBC Markets

    The outlets that reported this event are listed with links to their reports; no summary of ours passed our automated checks for it, which says nothing about the event (how they work).

    Reported by CNBC, Seeking Alpha and Bloomberg.

  2. 02

    Intel shares fall 20% after fourth-quarter forecast trails estimates

    2 outlets · first: CNBC Earnings

    Machine summary CFO David Zinsner said the PC slowdown is expected to persist at least through the first half of next year, and told Reuters an Israel fab explosion will cost roughly $600 million in lost revenue over two quarters.

    1. Third-quarter revenue rose 21% from $13.7 billion a year earlier, per the company's press release
    2. Client computing and physical AI group revenue fell 5% year over year to $8.1 billion, missing estimates, while data center and AI revenue rose 78% to $7.3 billion
    3. Intel guided to adjusted EPS of 25 cents on revenue of $15 billion to $16 billion for the current quarter, versus LSEG analyst expectations of $17.1 billion in revenue and 43 cents EPS

    Reported by CNBC and nytimes.com.

  3. 03

    Unions estimate $43 million lost profit for each day of delays

    2 outlets · first: Mother Jones Markets

    Machine summary The same organisers say the action, spanning 22 countries, could hold up more than $2 billion in freight and up to 40 percent of Mediterranean marine cargo.

    1. Strike organisers say the action could disrupt up to 40 percent of the marine cargo moving through the Mediterranean and hold up more than $2 billion in freight.
    2. During a press conference held on October 15, spokespeople for the unions taking part put the potential lost profit from a single day's shipping delays at $43 million.
    3. Unions from Italy, France and Greece, plus Spain's Basque Country, Turkey and Morocco, were the first to call for the action, planned since May; workers at ports in Germany, Ireland and Portugal, Denmark, Sweden and Australia joined later.

    Reported by Mother Jones.

  4. 04

    Coverage recordfinancialpost.com: “Aecon reports third quarter 2026 results”

    1 outlet · first: financialpost.com Earnings Mostly press releases

    The outlets that reported this event are listed with links to their reports; no summary of ours passed our automated checks for it, which says nothing about the event (how they work).

    Reported by financialpost.com.

    • Civeo
    • Aecon Group

Each summary and its key facts are a machine summary of the reports linked under it; the outlets, times and counts come from those reports' own records. How a rundown is built.

Also covered for this desk

11 events homed on another desk that the Finance desk also carried on October 29, 2026.

  1. Oct 29 · Cyber Loss estimates for Binance incident range from $2 billion to $5.8 billion 4
  2. Oct 29 · AI Prosecutors say AI completed coursework for fictitious college students 3
  3. Oct 29 · Crypto Blockchain Capital leads $40M round for stablecoin payments firm 3
  4. Oct 29 · AI Payment Asia introduces two AI products for SMEs 2
  5. Oct 29 · AI Anthropic left latest revenue figures blank in IPO filing, Eisman says 2
  6. Oct 29 · AI CNBC: “Banks and healthcare firms are outbidding tech for software talent, major recruiter says” 2
  7. Oct 29 · Crypto Coinbase prediction markets top $200 million in annualized revenue 2
  8. Oct 29 · AI AI-related job cuts followed by rehiring of cut roles 2
  9. Oct 29 · Crypto fortune.com: “Polymarket launches 15-minute ‘Up or Down’ contracts for the price of gold, plans to add stock and forex” 2
  10. Oct 29 · Cyber Michigan order cites FTC Safeguards Rule disposal gaps at servicer 2

The days around it

Sources: the outlets' reports linked on this page; counts and times from GetYourBrief's record of those reports (methodology).