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Investing.com-- Most Asian stocks rose on Wednesday, tracking a positive overnight session on Wall Street, while Chinese stocks extended a recovery rally after the government announced plans for a massive bond issuance. 

Alphabet's cloud business crawled to its slowest in at least 11 quarters, sending the company's stock down 5.7% after hours, even as sales at rival Microsoft's cloud unit boomed. The drop in Google's share price despite beating Wall Street estimates for profit and sales, shows how much investors want the company to deliver gains in artificial intelligence, and show the cloud business remains competitive against a more powerful Azure from Microsoft and Amazon.com's AWS. Fears of a slowing global economy have prompted companies to curb spending on cloud-related services, including expensive AI tools, which has slowed revenue growth at Google's cloud unit to 22.5% in the third quarter, from 28% in the prior three-month period. Google Cloud third-quarter revenue rose 22.5% to $8.41 billion, the slowest growth since at least the first quarter of 2021. The cloud unit reported a operating income of $266 million, compared with an operating loss of $440 million a year ago.

MANILA (Reuters) — The Philippine government posted a budget deficit of 250.9 billion pesos ($4.42 billion) for September, 39% higher than the deficit in the same period last year, the Bureau of the Treasury said on Wednesday.

Investing.com-- Australian consumer inflation edged past expectations in the third quarter as a recent spike in oil prices factored into higher fuel costs, feeding bets that the Reserve Bank will have more cause to hike interest rates. 

By Rae Wee

By Stella Qiu

Investing.com-- Oil prices fell slightly on Wednesday, extending sharp losses after a swathe of weak economic readings raised concerns over demand, although other data showed a sustained decline in U.S. inventories.

Track our LIVE coverage of the Israel-Hamas War here On the other hand, rallies, and support in favour of Palestine have also increased in several Middle East countries. On the situation, the Israeli ambassador to the United Nations has on October 24 demanded that Secretary-General Antonio Guterres immediately resign for showing understanding to the mass murder of children, women, and the elderly people of Israel. Guterres’s statement also provoked Israeli Foreign Minister Eli Cohen to cancel a meeting with him.

Israel. In a post on X (formerly Twitter), Ambassador Gilad Erdan wrote, “The @UN Secretary-General, who shows understanding for the campaign of mass murder of children, women, and the elderly, is not fit to lead the UN. I call on him to resign immediately." "There is no justification or point in talking to those who show compassion for the most terrible atrocities committed against the citizens of Israel and the Jewish people.

OpenAI, are yet to be launched. However, corporate buyers have shown much enthusiasm for AI solutions born out of collaboration with the ChatGPT creator. "The results indicated that artificial intelligence products are stimulating sales and already contributing to top and bottom-line growth," said Jesse Cohen, senior analyst at Investing.com.

ICC ODI World 2023 encounter at the Arun Jaitley Stadium in New Delhi on October 25. This will be a day-night match, starting at 2 pm (Indian Standard Time). Although Australia are the favourites moving into the bout, the prospects of the Netherlands cannot be ruled out.

Exponent Energy is set to shortly close its first funding round in more than a year by raising $25 million at a valuation of $100-120 million, multiple people briefed on the development said. The round will be led by Fidelity-backed global investor Eight Roads, which has invested in Indian startups such as Pharmeasy, Whatfix, Shadowfax and Icertis. Exponent Energy’s existing investors including Lightspeed India and AdvantEdge VC will also take part in the round, the people cited above said.

Analysts said technical indicators are pointing to further weakness. The Nifty Midcap 150 index dropped 2.7%, the Smallcap 250 index fell 3.8% and Microcap 250 plunged 5.1% on Monday. If the Nifty Smallcap 100 index is unable to hold above a key support of 12,200, it could decline to the 11,400 range.

bond yield has topped the 5% mark for the first time in 16 years and Reserve Bank of India (RBI) officials have warned of the cascading turbulence that a strengthening dollar could wreak on emerging markets. The rupee, however, seems to be far away from the global maelstrom. Based on multiple gauges, the rupee's volatility is at multi-year lows.

Cryptocurrency investing is rapidly breaking into mainstream financial consciousness, according to pro-crypto Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger.

CW network has greenlit a second season of the apocalyptic family comedy series, 'Everyone Else Burns,' even before the premiere of its first season. This decision follows Channel 4's August announcement to renew the UK version of the show. Season 1 is set to debut on The CW this Thursday, October 26, at 9:30 PM.

By Max A. Cherney and Akash Sriram

InQubeta ($QUBE) is arguably the best DeFi crypto launched this year as its presale raised over $3.7 million despite how bearish cryptocurrency markets have been in the past few months. The ambitious platform has emerged as one of the best NFT projects around as it uses ERC20 coins to create a more accessible alternative to traditional investment avenues.

TLDR

memoir titled "Down the Drain," which offers an intimate look into her life. While some might know her from her connection to the artist formerly known as Kanye West, there is far more to Julia Fox and her life.