Intel (INTC): CEO says Intel stays on Musk's Terafab as TSMC talks emerge
Intel CEO Lip-Bu Tan told Bloomberg the company will keep working on Elon Musk's Terafab chip project, days after Musk said he was in "just…
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Nike (NKE): China sales slide and a weak outlook meet a $2.5 billion cost plan
Nike's fiscal Q1 revenue fell 4% to $11.21B and missed estimates, with Greater China down 22% reported (26% currency-neutral). Management guided to a…
Advanced Micro Devices (AMD): CEO promises "substantially" more chip supply in 2027
AMD CEO Lisa Su told reporters in Taipei that the company will "substantially" increase chip supply in 2027, as AI demand still runs ahead of what…
Skydance Corp (SKYD): Closes $110B Warner Bros. Discovery merger
Paramount Skydance closed its roughly $110B takeover of Warner Bros. Discovery on Oct 6, paying WBD holders about $31 in cash per share. The combined…
Marvell Technology (MRVL): Lifts FY28 revenue target to ~$20B at investor day
Marvell raised its fiscal 2028 revenue target to about $20B from $18B, above the ~$18.2B consensus, and framed $70B-$90B of revenue by fiscal 2031…
Constellation Brands (STZ): Beats Q2 but beer depletions slip 0.6%
Constellation beat Q2 with $2.63B revenue and $3.74 adjusted EPS, but beer depletions fell 0.6% while shipments rose 5.5%, a gap worth watching. FY27…
PTC Inc. (PTC): Schneider Electric agrees to buy PTC for $205 a share in cash
Schneider Electric agreed to acquire PTC for $205 per share in cash, about $22.6B and a 42.3% premium to the prior close. It is Schneider's largest…
Option Care Health (OPCH): CD&R and McKesson Agree to Buy Option Care for $5.8B at $32.05 a Share
CD&R and McKesson agreed to take Option Care Health private at $32.05 a share in cash, a ~$5.8B enterprise value and a 37% premium to Oct 5's close…
Hewlett Packard Enterprise (HPE): Daiwa upgrades HPE to Outperform on networking outlook
Daiwa upgraded Hewlett Packard Enterprise to Outperform (from Neutral), raising its price target to $75 from $65 — pointing to its Sept 30 Networking…
GEO Group (GEO): Sells Adelanto ICE Facilities to DHS for $950M, Boosts Buyback to $1.25B
GEO Group sold its 3 Adelanto, CA detention facilities (2,644 beds) to the U.S. government for $950M, but keeps running them under its ICE contract…
Wells Fargo (WFC): Morgan Stanley Upgrades to Overweight, Sees End to Balance-Sheet Drag
Morgan Stanley upgraded Wells Fargo to Overweight ($102 target), calling an end to the balance-sheet-cap drag that made WFC the worst-performing big…
Intel (INTC): TSMC's Terafab talks put Intel's exclusive Texas foundry deal at risk
Elon Musk confirmed TSMC is in early talks to join his Terafab chip project in Texas, where Intel has been the only named manufacturing partner since…
Bristol-Myers Squibb (BMY): Leerink cuts rating as pipeline doubts grow
Leerink Partners downgraded Bristol-Myers Squibb to Market Perform, cutting its price target to $59 from $73 — citing fading confidence in three…
Vaxcyte Shares Soar on Positive Phase 3 Vaccine Data ($PCVX)
Vaxcyte's pneumonia vaccine VAX-31 just hit all its goals in a major trial, matching or beating today's top shots from Pfizer and Merck. Shares…
Nasdaq Sets Record, Norway Targets AI Glasses and Huawei Renews Qualcomm Deal: What’s Going On Today
US shares advanced on Monday, October 5, with the Nasdaq closing at a record high as Nvidia and Microsoft helped lift the index and investors looked…
Stocks Rally on Jobs Data, AI’s Trillion-Dollar Race and Meta’s Muse Gadget: What’s Going On Today
US stocks and bonds bounced on October 2 after September job growth slowed more than expected. Payrolls undershot forecasts and unemployment rose to…
Revolut’s $115B Challenge, Stocks Brace for Fed Minutes and AI’s Trillion-Dollar Race: What’s Going On Today
Reuters reported on October 4 that Revolut has become Europe’s most valuable startup, with a $115 billion valuation, positioning the digital bank as…
White House Forms AI Task Force, Wall Street Faces Q4 Test: What’s Going On Today
Investors head into the first full week of Q4 weighing spiking Treasury yields, the approaching US midterm elections and the start of corporate…
US Funds Extend Inflows as AI Optimism Holds, Anthropic Pledges $100M for AI Engineers: What’s Going On Today
US equity funds recorded inflows for a second consecutive week through September 30, Reuters reported on October 2, as investor enthusiasm for AI…
Anthropic Flags Government Risks in IPO Filing as AI’s Commercial Stakes Grow: What’s Going On Today
US stocks closed higher on Friday, October 2, after weaker-than-expected September jobs data eased rate-hike concerns, Reuters reported. This market…
US Stocks Rebound, Oil Reserve Release Looms and OpenAI Fires Three Researchers: What's Going On Today
US stocks advanced on Friday, October 2, after September payrolls increased by just 29,000, far below the 84,000 forecast, while unemployment rose to…
US Adds 29,000 Jobs, Stocks Rally and Tesla Deliveries Beat Estimates: What's Going On Today
The US added 29,000 jobs in September, well below expectations, and unemployment rose to 4.2%, according to October 2 Labor Department data reported…
Profit Boom Faces a Reality Check, Nvidia’s $500B Chip-Financing Plan Draws Questions: What’s Going On Today
US corporate earnings are on track to rise more than 35% in 2026, but investors are increasingly wary that the profit boom may slow, Reuters reported…
Global M&A Slows to $993B, Broadcom Offers Anthropic $42B and AI Spending Stays in Focus: What's Going On Today
Global mergers and acquisitions totaled $993 billion in the third quarter, down 41% from the previous quarter, as higher borrowing costs cooled…
Treasury Yields Hit 24-Year Peak, Wall Street Edges Higher and AI Experts Targeted by Hackers: What’s Going On Today
A global bond selloff deepened on October 1, pushing US Treasury yields to a 24-year peak, Reuters reported. The pressure extended across bond…
Stocks Recover as Yields Ease, Broadcom Offers Anthropic $42B and Armadin Raises $255M: What’s Going On Today
US stocks recovered from early losses on Thursday, October 1, and closed slightly higher as Treasury yields retreated from multi-decade highs…
ElevenLabs Hits $22B Valuation, CScale Raises $145M and Wall Street Enters Q4: What’s Going On Today
US stocks closed a volatile September with mixed moves on Wednesday, September 30. The Nasdaq rose while the S&P 500 dipped, though both indexes…
Stocks Close Q3 Higher, Micron’s AI Sales Jump and Anthropic Prepares for a Landmark IPO: What’s Going On Today
US markets ended Wednesday’s session mixed, with the Nasdaq higher and the S&P 500 slightly lower, while both recorded a second consecutive quarterly…
Micron’s AI Sales Surge, DoorDash Adds 3,000 Jobs and FTC Probes AI Labs: What’s Going On Today
Micron beat Wall Street’s quarterly earnings expectations and issued strong guidance, with data-center revenue increasing elevenfold as demand for AI…
AI Infrastructure IPO Slips on Debut, Google Launches Gemini 4 Argon: What's Going On Today
AI data-center infrastructure company Accelevation fell 2.5% on its Nasdaq debut on September 30, below its $18 IPO price, leaving it valued at about…
US Inflation Cools, Micron’s AI Forecast Surges and Stocks Close Q3 Higher: What’s Going On Today
US inflation rose less than economists expected in August, offering the Federal Reserve some breathing room. The Personal Consumption Expenditures…
Kalshi Courts $1B as Prediction Markets Draw Wall Street Capital: What's Going On Today
Prediction-market company Kalshi is in advanced discussions to raise about $1 billion in fresh funding, Reuters reported on September 29, citing…
Stocks Slip as Yields Stay High, EliseAI Reaches $4B and Anthropic Details $518B AI Plan: What's Going On Today
US stocks ended slightly lower on Tuesday, September 29, as government bond yields continued to climb ahead of inflation and labor-market data…
Bond Yields Hit Multi-Decade Highs, Confidence Sinks and AI Firms Sign Voluntary Pact: What's Going On Today
US stocks ended modestly lower on Tuesday, September 29, as government bond yields continued to rise. Reuters reported that the 30-year Treasury…
Brixmor Buys Slate Grocery REIT for $2.34bn as JPMorgan Sours on PepsiCo
Tuesday, 29 September 2026. Two very different consumer stories today: investors are paying up for grocery-anchored shopping centres, while one of…
Who Pays and Who Polices? The Fed's Waller on AI Agents as Reco Raises $55m
Tuesday, 29 September 2026. After a day of launches from OpenAI and Meta, the harder questions about AI agents are arriving: how they will pay for…
Fed's Williams Sees 'No Urgency' for Next Hike as Barr Says Inflation Is Too High
Tuesday, 29 September 2026. Three Federal Reserve officials spoke today, and together they sketch a central bank that expects to raise rates again…
FICO Plunges as US Opens Mortgage Scoring to VantageScore
Tuesday, 29 September 2026. The big mover on Wall Street today is not a tech giant but the company behind America's credit scores. FICO shares have…
Gold Steadies Near 7-Week Low as Markets Bet on More Fed Hikes
Tuesday, 29 September 2026. Gold is trying to bounce after its worst day in weeks, markets are now all but certain the Fed will raise rates again by…
US Consumer Confidence Hits 12-Year Low as Job Openings Slide
Tuesday, 29 September 2026. Two fresh reports on the US economy landed at 10am New York time, and both point the same way: Americans are growing…
Bond Yields Hit Multi-Year Highs, Anthropic Bets $518B on AI and Tech Stocks Find Their Footing
Global stocks struggled on September 29 as oil prices rose and sovereign bond yields remained near multi-year highs, reviving fears that interest…
Fed's Cook Warns AI and Oil Will Keep Inflation Hot as CarMax Profits Jump 81%
Tuesday, 29 September 2026. A Federal Reserve governor has signalled that interest rates may have further to rise, while CarMax surprised with an 81%…
US Futures Edge Up, Anthropic’s $518B AI Buildout and OpenAI’s Safety Pause: What’s Going On Today
US stock-index futures inched higher on Tuesday, September 29, as technology shares found some footing, even as elevated crude prices and Treasury…
Stocks Juggle Oil and Yields, OpenAI Shelves Astra and AI Pricing Reaches McDonald's: What's Going On Today
Global shares faced pressure on Tuesday as oil prices rose and bond yields remained near multi-year highs, keeping investor rate concerns in focus…
Gold at 7-Week Low, Bitcoin Slips and Micron Earnings Loom: What's Going On Today
The bond market squeeze tightened further overnight and continued to drag on equities, Reuters reports. Elevated Treasury yields remain the dominant…
Oura Delays $2.2B IPO, Bond Yields Pressure Markets and AI Safety Warnings Escalate: What's Going On Today
Oura postponed its U.S. IPO on Tuesday, citing market uncertainty despite what the company described as strong demand. Reuters and CNBC reported the…
Yields Top 5.2%, Gold Slides and Nvidia Unveils AI Safety Platform: What's Going On Today
Wall Street closed lower on Monday, with the S&P 500 giving back 62 points to finish near 7,681 and all three major indexes in the red. The pressure…
Yields Near 19-Year High, Nvidia's $150B Buyback and AMD's $8.2B AI Deal: What's Going On Today
Tuesday, 29 September 2026. Bond yields near a 19-year high, oil above $90 and a wave of big AI deals are shaping markets today. Here is what is…