Anthropic's financial results showed a dramatic revenue increase of 1,127% to $17 billion during the September quarter. Unfortunately, the company also reported hefty operational losses of $567 million, largely due to soaring computing costs. As a result, net losses climbed to $23.3 billion for the quarter and an alarming $104 billion year-to-date. With plans for a stock market offering, Anthropic faces pressing demands for computing resources.

As Dhanteras nears, Indian consumers are closely monitoring the recent drop in gold and silver prices, scrutinizing how this volatility might influence future values. Financial experts advise buyers to assess their personal needs and investment objectives before making any purchases. With more price changes anticipated in the months ahead, a gradual buying approach is recommended to handle potential risks effectively, ensuring that purchases reflect one's investment philosophy.

Indian Railways is working towards starting trial runs of the B28 train on the 100-km Surat-Vapi stretch of the Ahmedabad-Mumbai High Speed Rail corridor by May-June 2027. Commercial services on this section are expected to commence in August 2027. What will be special about India’s first bullet train? What are the features that passengers can look forward to? We take a look:

Air India is set to bolster its international reach by expanding orders for wide-body aircraft. CEO Tewolde Gebremariam remains optimistic about returning to profitability soon, despite the challenges of losses and escalating costs. The airline has initiated fleet renewal and adopted cost-saving strategies. Key hurdles include effective cost management and the rebalancing of hubs and networks.

Stock market rally today: BSE Sensex ended the day at 76,917.85, up 1,225 points or 1.62%. Nifty50 closed at 23,810.85, up 370 points or 1.58%. The rally added nearly Rs 4 lakh crore to the combined market capitalisation of companies listed on the BSE, taking the total to Rs 486 lakh crore.

During the early trading hours, the Indian rupee saw an increase of 12 paise to reach 94.72 against the US dollar, driven by lower crude oil prices at $104.76 per barrel. Continuous investments from Foreign Institutional Investors provided additional backing for the currency. However, the stronger US dollar ahead of the midterm elections capped the gains.

Gold price prediction today: Spot gold prices, following a steep decline of over 3% in the week ending October 30, rose sharply on November 2 as crude oil prices slumped nearly 7% on hopes for resumption of peace talks between Iran and the US. Overall, gold's upside is likely to remain constrained unless prices decisively breach the 4,030-4,066 resistance zone. Supports are seen at 3,900/3,875/3,800/3,750.

In the wake of a US military strike on Qeshm Island, oil prices have seen a modest increase. This development raises alarms about potential conflict escalation, even as diplomatic dialogues persist. Both the US and Iran appear willing to engage in negotiations again, despite the failure of earlier talks. This situation continues to strain global energy supplies, particularly through the strategic Strait of Hormuz.

Stock market recommendations: Adani Green, DLF, Hindalco, and BPCL are the top stocks to buy today as per recommendations by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan for November 3, 2026.

The recommendations have been submitted ahead of the annual Union Budget scheduled for February. However, they are advisory in nature, and the final decision on whether to accept them rests with the government. The proposal comes as authorities look for ways to revive India's equity markets, which have been performing below the level of their emerging market counterparts.