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Nasdaq Drops 1% as AI Stocks Sink on OpenAI Revenue Report
The Nasdaq fell 1% as AI-linked stocks including Nvidia, Oracle, and CoreWeave sold off following an OpenAI revenue report that rattled the broader AI trade.
PepsiCo cuts earnings forecast as North American turnaround takes longer than expected
PepsiCo topped Q3 earnings expectations but cut its full-year 2026 profit forecast, as a slower-than-expected turnaround in its North American business continues to drag on results despite strong inte
U.S. bank investors to focus on impact of higher rates, deals outlook in third-quarter earnings
Investors are preparing to parse third-quarter earnings from the six largest U.S. banks for evidence that a surge in Treasury yields to multidecade highs is curbing dealmaking, slowing loan growth, an
Rising yields are quietly crashing the stock market’s earlier winners of 2026
Surging Treasury yields are quietly hammering overlooked segments of the stock market, even as a small group of glamorous tech companies continues to dominate the spotlight.
France's Debt Crisis Rattles Eurozone Bond Markets
Paul Krugman and multiple international outlets are scrutinizing France's worsening fiscal position, with bond market sell-offs, soaring debt concerns, and rising alarm in the US pointing to a potenti
Standard Chartered to launch Singapore crypto custody
Standard Chartered plans to launch institutional digital-asset custody in Singapore, covering cryptocurrencies, stablecoins and tokenized real-world assets, pending regulatory approval. The service ta
Fed's Waller Calls for More Hikes; 10-Year Yield Flat
The 10-year Treasury yield held steady as Fed Governor Waller called for more rate hikes, while other Fed officials signaled room to wait despite growing hawkishness on inflation.
Fed's Waller: More Rate Hikes Needed to Fight Inflation
Federal Reserve Vice Chair Christopher Waller said additional interest rate hikes are needed to bring inflation down faster, a hawkish message that pushed Treasury yields higher as investors also look
Samsung profit surges ninefold to $80bn on AI chip demand - Financial Times
Samsung reported a record $80 billion quarterly profit — a ninefold surge fueled by AI chip demand — marking the highest quarterly earnings ever for any tech company.
Huawei doubles down on smartphones as EV sales slow
Huawei is refocusing on smartphones with a homegrown-chip Mate 90 launch, even as deliveries from its EV alliance fell 29% year-over-year in September.
Asia Stocks Slide as Oil Prices and Bond Yields Surge
Asian equity markets declined broadly as surging oil prices and rising bond yields pressured sentiment, with Samsung shares falling even as the company posted record quarterly profit.
Ripple is earning fees financing leveraged stock bets, a business long run by banks
Ripple Prime is supplying financing for leveraged stock exchange-traded funds through total return swaps, a business long controlled by major banks, after its $1.25 billion acquisition of Hidden Road
RBI rate hike: What it means for loans, deposits and markets
RBI's Monetary Policy Committee raised the repo rate by 25 basis points to 5.50% and shifted its stance to 'calibrated tightening,' signaling at least one more hike ahead as inflation projections clim
Fed Signals Another Rate Hike But No Timeline
Federal Reserve officials signaled that another interest rate hike is coming but offered no timeline, according to meeting minutes, even as economic signals have shifted since their unanimous Septembe
Asia shares slip, bonds submerged in tide of AI debt - Reuters
Massive AI-related borrowing is flooding debt markets, pushing yields higher and rattling Asian equities and bond sales even as AI fundraising activity remains lower in Asia than in the US.
Samsung forecasts record third-quarter profit of $80 billion as AI boom fuels chip demand
Samsung Electronics projected record third-quarter operating profit of about $80.2 billion, surpassing 100 trillion won for the first time, driven by AI-fueled chip demand — yet shares fell as the pri
Solidigm Taps Goldman, Morgan Stanley for 2027 US IPO
SK Hynix's flash memory unit Solidigm has reportedly tapped Goldman Sachs and Morgan Stanley to lead a planned 2027 US IPO that could be valued at up to $100 billion, according to Bloomberg.
Fed divided on rate-hike logic despite September hike
Federal Reserve policymakers showed divisions in September over the rationale for raising interest rates, despite unanimously approving the hike, as concerns about inflation and shifting economic sign
SpaceX’s plans to buy more Nvidia GPUs is keeping Jim Cramer bullish on the chip stock
SpaceX is raising $40 billion to buy more Nvidia chips, with Apollo Global Management and a consortium of banks in early talks to finance the deal, and Jim Cramer framing the move as a major endorseme
TSMC stock just hit a record — and the gains may be only starting - Yahoo Finance
TSMC's third-quarter revenue surged roughly 51% year-over-year on sustained AI demand, beating market forecasts and sending the stock to a record high, with multiple outlets suggesting further gains l
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