Robinhood’s third quarter results were impressive, with sales up 100% and EPS up 259%. The company is expanding into prediction markets, banking, and cards, with an upcoming “AI Day” to showcase AI applications. Stock indexes hitting record highs and the crypto boom have boosted Robinhood and Coinbase.

Job cuts surged 183% in October, totaling 153,074, the highest for any October since 2003. Layoffs are on track to be the worst since 2009. Chipotle’s CEO warned of declining sales, while Costco cited SNAP benefit uncertainties and the government shutdown affecting shoppers. ISM services report employment component was mixed.

Yahoo Finance is launching a reinvented global digital event called Invest, featuring headliner interviews with industry leaders like Pfizer’s CEO and former Fed Vice Chair. Panels on AI, crypto, and market outlook will be held. Viewers can interact live and submit questions for guests. Invest will stream globally on Yahoo Finance platforms.

The Yahoo Finance team is excited to introduce Invest, a global digital event featuring headliner interviews, panels on AI, crypto, and market outlook. Viewers can interact live and submit questions for guests. Invest will stream globally on Yahoo Finance platforms, offering valuable insights and engaging content for investors worldwide.

Read more at Yahoo Finance: The top question that must be answered