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Investors sent Spotify shares climbing ten percent on Thursday, pushing the stock to a ten month high after the company reported a stronger than expected surge in its subscriber base. The streaming leader reached 306 million premium subscribers during the September quarter, beating analyst predictions by one million and showing consistent growth across every region it operates in. This momentum is paired with a broader user base of 788 million monthly active users and revenue that climbed sixteen percent to five billion euros, signaling that the platform’s scale continues to accelerate despite a challenging economic climate.

Beyond the raw numbers, leadership highlighted a strategic pivot toward diversified audio content and cutting edge technology. Co CEOs Gustav Soderstrom and Alex Norstrom pointed to the massive success of video podcasts, which have seen consumption jump over 140 percent since launch. The company is also making an aggressive push into audiobooks, noting that these titles are nearly as popular as music in some markets like Sweden. With plans to expand audiobook access to 180 markets by the end of the year and a renewed deal with Joe Rogan, Spotify is positioning itself as a comprehensive audio hub rather than just a music app.

The company is leaning heavily into artificial intelligence to keep users engaged, introducing personalized taste profiles and a new integration with Metas Muse. These tools allow listeners to interact with an AI agent to curate deep dive playlists based on years of listening history or discover credits for specific performers. While embracing innovation, Spotify remains vigilant about quality control; executives revealed they have scrubbed millions of AI generated spam tracks from their recommendations over the last year to maintain the integrity of their discovery algorithms.

Financially, Spotify appears well positioned for long term stability thanks to low debt levels and a significant cash reserve, providing a safety net against volatile interest rates. Management expressed confidence in their ability to balance investment with cost moderation, guiding for another ten million net adds in the final quarter of the year. By diversifying into creators memberships and expanded partner programs across dozens of new markets, the firm believes it is building a compounding business model capable of thriving in what they call the agentic age of technology.

In a striking display of market divergence, shares of Nasdaq Inc. surged to an all time high on Thursday, proving that the house always wins even when the guests are losing. The exchange operator climbed into the prestigious Big Cap 20 list just as the very index it manages suffered a bruising decline. It is a rare moment where the platform providing the infrastructure for trading outperformed the collective value of the tech heavyweights it hosts.

The broader Nasdaq composite plummeted by 2.6 percent during the session, marking its steepest drop since early June. This sharp downturn was largely fueled by growing investor anxiety regarding corporate spending habits. Wall Street is increasingly worried that companies are burning through cash too quickly in a desperate race to dominate emerging technologies, leading to a wave of selling across several key sectors.

Despite this turmoil among its constituents, Nasdaq’s own stock remained resilient and bullish. By hitting a record peak while its index crashed, the company highlighted a fundamental disconnect between current valuations of individual tech firms and the enduring value of the financial exchanges they trade upon. For now, investors seem more confident in the toll booth than in those passing through it.

Nickel prices faced a challenging third quarter in 2026, sliding to fresh yearly lows as the market grappled with uncertainty surrounding supply controls in Indonesia. While the metal saw a brief recovery in July, those gains were quickly erased by a combination of rising exchange inventories and cooling demand for batteries. By mid-October, the three month contract on the London Metal Exchange hit a year to date bottom of 15,100 dollars per metric ton, marking a sharp decline from the levels seen at the start of the summer.

Much of this instability stems from Jakarta’s complex management of mining quotas. Earlier in the year, the Indonesian government set strict limits on nickel ore production to prop up prices, creating an artificial shortage for downstream smelters. However, throughout the third quarter, officials began selectively approving revised plans for several dozen companies to alleviate these shortages. This perceived softening of supply constraints, coupled with a surge in ore imports from the Philippines, has left investors wary that any attempt to maintain a price floor may be slipping.

Beyond supply logistics, shifting technology in the electric vehicle sector is weighing heavily on long term sentiment. While stainless steel consumption remains steady, nickel is increasingly losing its dominance in EV batteries to lithium iron phosphate chemistry. Even recent adjustments to Indonesia’s ore benchmark pricing, intended to lower taxes for miners and support margins for high pressure acid leach producers, have done little to stimulate new demand.

Looking ahead toward the end of the year and into 2027, analysts expect continued volatility. Producers are currently battling external pressures including constrained sulfur supplies due to geopolitical tensions in the Middle East, which have spiked operational costs for certain refineries. As investors turn their attention toward next year’s quota applications and potential changes to export controls, the market remains hypersensitive to every signal coming out of Indonesia.

Labor unrest is simmering near Logan Lake as workers at the Highland Valley Copper mine have overwhelmingly backed the possibility of a walkout. In a decisive move over the weekend, 944 members of United Steelworkers Local 7619 voted unanimously in favor of strike action. The workforce has been operating without a formal collective agreement since their previous five year contract lapsed at the end of September, leaving hundreds of employees in a state of contractual limbo.

The tension escalated quickly following the vote, with the union issuing a seventy two hour strike notice late Tuesday. Union representatives indicated that while Teck Resources offered a monetary counter proposal and removed one specific concession, the current offer still falls short of what they believe the membership deserves. This standoff mirrors a similar conflict from 2022, where a strike was narrowly avoided after months of deadlock and a last minute ratification vote in January.

For its part, Teck Resources insists it is dedicated to finding a resolution that works for everyone involved. Company spokesperson Dale Steeves stated that management remains committed to securing an agreement that is both fair and responsible, ensuring the long term viability of the operation and the surrounding community. As Canada’s largest open pit copper mine, any prolonged disruption would represent a significant hit to provincial production.

The timing of this dispute is particularly sensitive for Teck as it prepares to announce its third quarter financial results later this month. Beyond the local strife in British Columbia, the Vancouver based giant is currently navigating a massive proposed merger with Anglo American to form Anglo Teck. While that global deal aims for billions in savings and expanded mineral reach by 2027, the immediate focus remains on stabilizing relations with more than twelve hundred employees at Highland Valley.

The race to electrify the globe is facing a daunting logistical hurdle, as latest figures suggest the world must open a new lithium mine roughly every two months for the next twenty four years just to stay ahead of demand. According to data from Benchmark Mineral Intelligence, global requirements for lithium carbonate equivalent are expected to soar from about 2.11 million metric tons in 2026 to a staggering 7 million by 2050. Meeting this gap would require the production capacity of approximately 134 new mines and an initial investment exceeding 100 billion dollars.

While electric vehicles continue to drive the bulk of this hunger for minerals, emerging technologies like artificial intelligence are adding fresh pressure. Data centers are increasingly relying on massive energy storage systems, creating a secondary stream of demand that is projected to nearly quintuple over the next decade. However, securing the necessary funding remains a volatile gamble. Cameron Perks, a product director at Benchmark, notes that investors often hesitate when prices swing wildly, forcing lithium developers to compete for capital against high profile sectors like defense and AI.

The geography of mining is also shifting as nations scramble for resource security. While Australia currently leads global supply, its market share is expected to dip as North America aggressively expands its own mining operations to reduce dependence on China. Europe faces similar ambitions but struggles with higher costs and stricter environmental regulations that can delay project timelines. This regional shift highlights a broader struggle to balance urgent industrial needs with local ecological and community concerns.

There is some hope that circular economy practices could ease this burden, with recycling potentially providing nearly half of the total lithium supply by mid century. If recycling scales effectively, it could significantly slash the number of new mines required and lower overall capital expenditures. Yet experts warn that recycling cannot be viewed as a magic bullet because it depends entirely on when old batteries actually reach their end of life; until then, any shortfall in recycled materials must be filled by digging deeper into the earth.

Wall Street is famous for its catchy mantras, from buying the dip to selling in May. However, seasoned traders often lean on a different piece of wisdom: when the VIX is high, it is time to buy. This philosophy mirrors the legendary advice of Warren Buffett, who encouraged investors to be greedy when others are fearful. The logic suggests that once market terror reaches a fever pitch, stocks often trade at deep discounts, creating a prime opportunity for those brave enough to enter the fray.

At its core, the VIX is shorthand for the Volatility Index of the Chicago Board Options Exchange. Since its inception in 1993 and subsequent update in 2003, it has served as a barometer for expected volatility over the next thirty days. By analyzing the prices of S&P 500 index options—contracts that allow traders to bet on future price movements—the VIX provides a real-time snapshot of investor sentiment. Because it reflects the perceived risk of the broader U.S. equity market, it has earned the nickname of the fear index.

The relationship between the VIX and the stock market is generally inverse. When stock prices plummet and uncertainty rises, the VIX typically spikes, signaling that investors are bracing for turbulence. Conversely, a falling VIX often hints at returning confidence or an impending rally. While not a crystal ball, these fluctuations offer critical clues about whether market participants feel optimistic or panicked about the immediate future.

In terms of numbers, a stable investment environment usually sees the VIX hovering between 12 and 20. Values below 12 indicate extreme bullishness and optimism, while anything above 20 signals abnormally high volatility. When the index pushes past 30, it frequently marks a bear market characterized by severe risk aversion. History shows us just how dramatic these swings can be; for instance, during the depths of the COVID-19 pandemic in March 2020, the index soared to an all-time high of 82.69 as global markets spiraled into chaos.

Sen. Roger Marshall, R-Kan., and Democratic challenger Adam Hamilton sparred over President Donald Trump, immigration, Iran, transgender athletes, artificial intelligence and personal controversies during a contentious Kansas Senate debate Wednesday night.

The hourlong showdown came less than two weeks before Election Day as Marshall seeks a second term and Hamilton, a longtime pastor, tries to become the first Democrat elected to the U.S. Senate from Kansas since 1932.

The race has drawn increased national attention as Republicans and Democrats battle for control of the Senate, with Trump traveling to Kansas earlier this week to campaign for Marshall — a topic touched on during the debate.

Here are five moments that stood out from Wednesday night’s debate.

SLEEPER SENATE RACE EMERGES AS UNEXPECTED HEADACHE FOR REPUBLICANS AHEAD OF MIDTERMS

Debate opens with candidates confronted over personal controversies

The debate wasted little time getting contentious, opening with questions about controversies that have fueled attacks against both candidates.

Marshall was confronted with a New York Times review that found his former medical practice sued more than 700 patients over unpaid bills.

“Every year we gave away $3 to $4 million of charity, but we also had a business,” Marshall responded. “We had 300 employees, we had a mortgage payment, we had electric.”

Hamilton, meanwhile, was questioned about his handling of allegations involving a volunteer at his church’s summer camp who was accused of sexual abuse.

Hamilton acknowledged that he should have ensured the individual did not return to the camp following an initial investigation.

FROM ‘THIRD REICH’ TO ‘NOT THAT INFORMED’: SENATE DEBATES DELIVER FIREWORKS BEFORE MIDTERMS

“I should have checked to make sure that he wasn’t going back,” Hamilton said. “That was a mistake on my part.”

Marshall says ‘President Trump is not always right’

Trump became part of the debate after moderators played footage from the president’s campaign appearance for Marshall in Kansas earlier in the week.

“And at this election, I’m asking you to pretend, please, that I’m on the ballot. Just pretend,” Trump told the crowd.

Marshall was then asked whether Trump’s support meant Kansans should expect him to back every part of the president’s agenda.

“No,” Marshall responded, saying there had been “multiple times” when he objected to Trump.

Pressed to identify a specific disagreement, Marshall pointed to recent immigration enforcement in southwest Kansas and Trump’s approach to beef imports.

“Just like with my wife, I can disagree with her. My wife is always right,” Marshall joked. “And President Trump is not always right.”

Marshall nevertheless urged Trump voters to turn out for him, arguing that electing Hamilton could help Democrats capture the Senate.

Both candidates say there are ‘two genders’

The two rivals found themselves in agreement when the moderator asked each candidate how many genders there are.

“There’s two. There’s a boy and there’s a girl,” Marshall said. “I delivered 5,000 of them and almost half were boys and half were girls.”

“There are two genders, male and female,” Hamilton responded.

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Marshall advocated a “light touch” approach focused on national security, transparency, protecting children and privacy, while slamming a one-size-fits-all global order for artificial intelligence advancement.

Hamilton pushed back sharply.

“This is an existential — potential existential threat to the human race,” Hamilton said. “We can’t just go with a light touch and hope everybody does their best.”

BIDEN CONSPICUOUSLY ABSENT FROM CAMPAIGN TRAIL AS OBAMA, HARRIS STEP UP FOR MIDTERM PUSH

Hamilton calls Biden’s border policies a ‘disaster’

Hamilton sought to put distance between himself and former President Joe Biden when moderators challenged the Democrat over his claim that he would “lead from the middle.”

The moderator pointed to Hamilton’s past donations to Democrats, including Biden, former Vice President Kamala Harris and Rep. Sharice Davids, D-Kan., before asking him to identify a progressive policy he opposed.

“The Biden policies when it came to the border were a disaster,” Hamilton responded. “I believe in strong and secure borders.”

“I’m not somebody who favors the Socialist Party,” Hamilton added. “I’m somebody who stands in the middle.”

Hamilton also reiterated during the debate that he would not support Senate Minority Leader Chuck Schumer for majority leader if Democrats capture control of the chamber.

This post appeared first on https://www.foxnews.com

MANCHESTER, N.H. – Former White House press secretary Karoline Leavitt says she is helping President Donald Trump choose his next press secretary after his first pick for the job lasted just five days.

“I’ve offered my help to the president to help him select someone who can serve him and the country well,” Leavitt said Wednesday evening in an exclusive interview with Fox News Digital.

Leavitt served as Trump’s press secretary from the start of the president’s second term until Aug. 27, when she stepped down from the demanding role to spend more time with her two young children, including a daughter who was born in May.

Her successor, political commentator Katie Zacharia, took over earlier this month, but lasted just five days in the role, making her the shortest-serving White House press secretary in U.S. history.

TRUMP’S NEW PRESS SECRETARY OUT OF A JOB JUST DAYS AFTER ROCKY DEBUT

“White House press secretary is a tough job. I know that because I did it, obviously for almost two years, and many people say it’s one of the hardest jobs in politics,” Leavitt emphasized.

She noted that the job “takes a lot of preparation and sometimes you don’t know how someone will perform until they go out there.”

“We wish Katie the best. The job obviously was not for her, but we wish her and her family well,” Leavitt added.

When it comes to whom Trump will choose next for the position, Leavitt said the president “is continuing to look over options. There’s a lot of people who want that job. It’s an amazing job. It provides you with incredible opportunities.”

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Asked what advice she’s offered to Trump, Leavitt said, “I’ll keep my private counsel to the president private, but I do obviously talk to him about what the job entails, and he knows it very well.”

“Nobody understands the press better than Donald Trump. He knows he needs someone who is tough, who is smart, who understands his policies, who is loyal, and who can go out there and put up a fight,” she added.

Leavitt, a New Hampshire native, served as an intern in the Trump White House after graduating from Saint Anselm College in 2019. She later became an assistant White House press secretary at the end of Trump’s first term.

After Trump’s defeat in the 2020 presidential election, Leavitt worked as communications director for Republican Rep. Elise Stefanik of New York. She then served as spokeswoman for the Trump-aligned super PAC MAGA Inc. before taking over as press secretary for Trump’s 2024 presidential campaign.

After being named White House press secretary following the 2024 election, Leavitt made history as the youngest person ever in the role.

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Leavitt also ran for Congress in 2022, winning a heavily contested GOP nomination in New Hampshire’s 1st District before losing the general election to incumbent Democratic Rep. Chris Pappas.

Asked if she might make another run for public office in her home state when Democratic Sen. Maggie Hassan is up for re-election in 2028, Leavitt quickly said, “No, I’m all set. I don’t have any plans to run for office in the near future at all, or in the future at all.”

“I am home with my family, and we’re really excited about that,” she explained. “Right now I’m really focused on being a wife and a mother to my two very young children. That’s why I made the decision to leave Washington. So we’re just happy to be home and enjoying the ride.”

Leavitt officially becomes a Fox News contributor at the start of November.

FIRST ON FOX: A federal judge appointed by former President Barack Obama is being accused of “misconduct” in a case involving President Donald Trump.

House Judiciary Committee Chairman Jim Jordan, R-Ohio, is demanding an investigation into U.S. Judge Kathleen Williams of the Southern District of Florida after she sanctioned Trump’s lawyers over his case against the Internal Revenue Service (IRS).

Jordan wrote to the Judicial Conference of the United States that “there is evidence that Judge Williams abused her judicial authority and violated fundamental tenets of judicial impartiality in connection with an unusual and unsupported order that imposed sanctions after the plaintiffs voluntarily had dismissed the underlying action.”

The letter is being co-led by Rep. Darrell Issa, R-Calif., chairman of the panel’s subcommittee on courts.

OBAMA-APPOINTED JUDGE WITH TIES TO ANTI-TRUMP CONSPIRACY THEORY HIT WITH MISCONDUCT COMPLAINT

Trump, his adult sons Eric and Donald Jr., and the Trump Organization filed a lawsuit against the IRS in early 2026 seeking $10 billion in damages after a contractor with the agency leaked the president’s tax returns to the press. The contractor, Charles Littlejohn, was sentenced to five years in federal prison.

APOLOGIES AND CASH HEADED TO ALLEGED ‘WEAPONIZATION’ VICTIMS IN BILLION-DOLLAR TRUMP SETTLEMENT

Trump, who filed the lawsuit in his personal capacity, had it voluntarily dismissed in May. Shortly after, however, the administration announced a settlement agreement that included $1.776 billion for an “anti-weaponization fund” for victims of “lawfare” by the Biden administration. Trump himself would receive no compensation, but would get a formal apology from the federal government and bar the IRS from ever auditing Trump or his family.

Williams, however, then accused the plaintiffs of purposely manipulating the courts to achieve the settlement and sanctioned two of the president’s lawyers in a July order. Her order referred lawyer Alejandro Brito to the Florida Bar for potential disciplinary action and prevented lawyer Daniel Epstein from practicing under her jurisdiction for at least a year.

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Jordan’s letter called the timing of Williams’ order “suspect” for coming after the case was voluntarily withdrawn.

He also accused Williams of basing the action on an amicus brief submitted by left-wing judicial activist group Democracy Defenders Action. The brief, which the group said was submitted on behalf of 35 former federal judges, called on Williams to reopen the case despite the dismissal by the involved parties and accused both sides of “fraud” over the settlement.

GOP SENATOR UNVEILS BOASBERG ACT TO STOP ‘ROGUE’ JUDGES FROM HANDPICKING TRUMP CASES

“Judge Williams issued her July 13 order after the plaintiffs filed a notice of voluntary dismissal of the case, ending the dispute between the parties,” Jordan and Issa wrote. “Although Judge Williams invoked the court’s inherent authority to impose sanctions, the Committee is not aware of Eleventh Circuit precedent applying inherent sanctions authority after a plaintiff has voluntarily dismissed a case based on briefing by partisan nonparties on an unrelated question the court never decided.”

They concluded, “Judge Williams’s conduct risks undermining public confidence in the federal courts. Accordingly, we respectfully ask that the Judicial Conference review this matter, including whether it warrants referral to the Judicial Council of the Eleventh Circuit or other appropriate action, and that you inform the Committee of steps taken no later than 5:00 p.m. on November 5, 2026.”

CLINTON JUDGE INDEFINITELY BLOCKS TRUMP’S $1.776B ANTI-WEAPONIZATION FUND

Issa told Fox News Digital in his own statement, “The rogue federal judges who make up the Trump Resistance in Robes continue to disappoint but never surprise. Judge Williams hasn’t only shown her liberal contempt for President Trump — but crossed a bright ethical line by going after his attorneys.”

Trump allies, particularly in Congress, have clashed with federal judges on multiple fronts so far this term. Republicans have accused what they call “activist judges” of weaponizing their courts to block Trump’s agenda.

Democrats, meanwhile, backed up Williams’ skepticism of Trump’s settlement. The anti-weaponization fund proposal, which has since been blocked by other courts, has received bipartisan pushback.

A Biden-appointed federal judge in California ruled Wednesday that the Department of Homeland Security must halt certain investigations into suspected illegal voting, citing concerns over voter intimidation.

U.S. District Judge Araceli Martínez-Olguín, the jurist in question, was born in Mexico and nominated to the federal bench by President Joe Biden in 2022. Before becoming a federal judge, Martínez-Olguín spent about six years at the American Civil Liberties Union, a progressive civil rights organization, where she worked on women’s and immigrants’ rights issues.

The activist groups suing DHS “demonstrate[d] that they are likely to succeed in their claim that Defendants have run afoul of the Voting Rights Act’s prohibition of intimidating voter assistance and mobilization,” according to Martínez-Olguín.

DOJ OFFICIAL DEFENDS TRUMP’S NONCITIZEN VOTER PROBE ON ’60 MINUTES,’ ACCUSES SHOW OF EDITING OUT HER ANSWERS

The public’s “interests in safe elections, free from interference or intimidation, far exceed (the government’s) purported interest in combating unlawful voting by non-U.S. citizens,” she added.

The Trump administration, meanwhile, maintained that noncitizen voting in federal elections is a crime and that DHS has statutory authority to investigate suspected violations. Martínez-Olguín did not find investigating noncitizen voting as itself unlawful, but instead argued that DHS’ methods likely violate the law as it used unreliable source data and sent armed agents to homes to conduct interviews, which could constitute intimidation.

STATE DEPARTMENT CONSIDERS SHARING PASSPORT RECORDS FOR VOTER CITIZENSHIP CHECKS

Lawyers representing the federal government conceded that some American citizens may have been looked at in connection with DHS’ investigations, but contended that in-person interviews were “expressly designed to resolve the discrepancies.”

Noncitizen voting is rare, but cases of illegal voting have been documented. News broke earlier this year, for example, that New Jersey erroneously placed over 6,000 non-citizens on its voter rolls. The Justice Department announced charges against 16 individuals in September, including noncitizens accused of voting illegally in federal elections, and brought additional election-related charges in October.

NEW JERSEY REMOVES 6,600 PEOPLE FROM VOTER ROLLS WHO WERE ELIGIBLE TO CAST A BALLOT FOR 2024 ELECTION

Martínez-Olguín’s order blocks DHS from carrying out certain field investigations into suspected illegal voting involving U.S. citizens in California, Connecticut, Georgia, Missouri, Nevada, New York, Pennsylvania, Washington and Wisconsin. Several of those states are led by Democrats who have opposed the Trump administration’s immigration enforcement policies, and some face high-profile elections in November.

Cracking down on illegal voting has been a priority for the second Trump administration, though it has yet to produce evidence of widespread noncitizen voting.

The judge delayed enforcement of her order until Friday, giving the Trump administration time to appeal, and set the restrictions to expire on Election Day unless otherwise ordered.

“DHS is laser focused on identifying, prosecuting, and removing aliens who vote and dilute the votes of U.S. citizens. ONLY Americans should elect American leaders,” a spokesperson for the department told Fox News Digital. “We have no plans to question or investigate people we believe to be U.S. citizens.”