Author: i2wtc

A UPS worker pushes a cart in New York, US, on Monday, Oct. 27, 2025.Michael Nagle | Bloomberg | Getty ImagesUnited Parcel Service on Tuesday reported earnings that topped Wall Street’s estimates ahead of its busy holiday season.Shares of the package delivery giant surged 10% in premarket trading.Here’s how the company performed in its third quarter, compared with what Wall Street was expecting based on a survey of analysts by LSEG:Earnings per share: $1.74 adjusted vs. $1.30 expectedRevenue: $21.4 billion vs. $20.83 billion expectedFor the period ended Sept. 30, the company reported net income of $1.31 billion, or $1.55 per…

Microsoft co-founder Bill Gates, who wrote a book in 2021 titled, “How to Avoid a Climate Disaster,” now says leaders need to shift their approach to climate change.In a letter published Tuesday ahead of next week’s COP30 U.N. climate summit, Gates argued that too many resources are focused on emissions and the environment, and that more money should go toward “improving lives” and curbing disease and poverty.”… Climate is super important but has to be considered in terms of overall human welfare,” Gates told CNBC’s Andrew Ross Sorkin in an exclusive interview. “I didn’t pick that position because everybody agrees…

Volunteers make dumplings together with elderly people in Gaobei Village of Shibing County, Qiandongnan Miao and Dong Autonomous Prefecture, southwest China’s Guizhou Province, Oct. 27, 2025. A series of activities were held across the country to mark China’s Chongyang Festival, which will fall on Oct. 29 this year. Also known as Seniors’ Day in China nowadays, it highlights the public’s care for elderly people. (Photo by Tai Shengzhi/Xinhua)Volunteers chat with elderly people at a nursing home in Zhanggezhuang Village of Zunhua City, north China’s Hebei Province, Oct. 28, 2025. A series of activities were held across the country to mark…

Pakistan’s economy expands 3% in FY25, up from 2.6% in FY24, projects 3% growth in FY26 The World Bank. Photo: file Pakistan’s economy is projected to grow by 3% in the fiscal year ending June 2026 as recent floods continue to weigh on growth prospects. According to a report by the World Bank, the growth rate mirrors FY25, when the economy expanded by 3%, up from 2.6% in FY24, reflecting a rebound in industrial activity and services. “Pakistan’s recent floods have imposed significant human costs and economic losses, dampening growth prospects, and adding pressure on macroeconomic stability,” said Bolormaa Amgaabazar,…

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Oakley Vanguard AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025.David Paul Morris | Bloomberg | Getty ImagesMeta’s AI app has seen a major jolt in downloads since launching its Vibes feed of AI-generated videos, giving investors a glimpse of the company’s artificial intelligence strategy ahead of Wednesday’s third-quarter earnings.Since releasing Vibes on Sept. 25, the Meta AI app’s downloads on both iOS and Android are up 56% month-to-month to a total of 3.9 million downloads as of…

Google CEO Sundar Pichai waves as he arrives to attend the Artificial Intelligence (AI) Action Summit at the Grand Palais in Paris, France, February 11, 2025. Benoit Tessier | ReutersAlphabet has a high bar to clear when it reports earnings Wednesday.The company’s stock price soared 38% in the third quarter, its best quarterly performance in two decades. It’s continued to rally, climbing 11% so far in October, closing at a record on Monday.With revenue growth stuck in the low teens of late, and expected to come in at 12% next year, investors have recalibrated their expectations after witnessing speedier growth…

Carlos Domingo, chief executive officer of Securitize Inc., speaks during the Messari Mainnet summit in New York, US, on Thursday, Sept. 21, 2023. Photographer: Michael Nagle/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesSecuritize, the “real world assets” platform that powers BlackRock’s tokenized money market fund, will go public through a merger with a special purpose acquisition company, CEO Carlos Domingo told CNBC in an exclusive interview.The fintech firm will merge with Cantor Equity Partners II, Inc., a blank-check company sponsored by an affiliate of Cantor Fitzgerald that trades under the CEPT ticker. The deal values Securitize’s business at $1.25…

Alex Chriss, CEO of PayPal Inc.Courtesy: PayPalPayPal has signed a deal with OpenAI to have its digital wallet embedded into ChatGPT so users can pay for items found through the leading consumer AI tool, the company told CNBC exclusively.The agreement, sealed over the weekend, means that starting next year, both sides of PayPal’s ecosystem can plug into ChatGPT: PayPal users can purchase items through the AI platform, and its merchants can sell on it, with their inventory listed there, according to PayPal CEO Alex Chriss.”We’ve got hundreds of millions of loyal PayPal wallet holders who now will be able to…

MPA Shazia Tehmas suggested including women from merged districts in tribal jirgas PESHAWAR: In a rare show of unity, members of both the government and opposition benches in the Khyber-Pakhtunkhwa (K-P) Assembly on Monday proposed convening an All-Parties Conference (APC) to discuss deteriorating law and order situation, terrorism and tensions with Afghanistan. The house unanimously decided to consult the governor, chief minister, political party leaders, civil society representatives and key officials from relevant institutions to resolve the issues. During a detailed debate on law and order, Speaker Babar Saleem Swati said a committee of the house had already been formed…

An Optimus bot from Tesla on display during the 2024 World AI Conference & High-Level Meeting on Global AI Governance at the Shanghai World Expo Exhibition and Convention Center on July 7, 2024.Anadolu | Anadolu | Getty ImagesArk Invest founder and Chief Executive Cathie Wood on Tuesday singled out the potential for artificial intelligence to accelerate the development of humanoid robots.Speaking to CNBC on the sidelines of the Future Investment Initiative (FII) in Riyadh, Saudi Arabia, Wood said machines that resemble people in size, shape and movement could represent one of the biggest AI opportunities.”I know a lot of people…