ASML reported third-quarter profit that beat expectations and stated that customers are expressing interest in placing orders for its semiconductor tools for 2029 and 2030.
China's producer price index rose 5% in September, the fastest pace since June 2022, driven by higher fuel costs. Consumer prices rose 0.9%, slightly missing expectations.
New reporting indicates OpenAI's annualized revenues are $20 billion lower than previously signaled. The Financial Times reported the discrepancy, which was discussed on CNBC.