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…
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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…
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…
French Bond Yields Near 5%, Euro Zone Firms Self-Fund AI and South Korea Reviews Bank Hacks: What’s Going On Today
French markets faced fresh pressure on October 2 amid high public debt and political gridlock. Reuters reported French bond yields had reached a…
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…
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…
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…
Robinhood Adds Weekend Trading, Netlist Seeks Micron Chip Import Ban: What's Going On Today
Robinhood said Tuesday, September 29, that it will allow users to trade some U.S. stocks around the clock on weekends, Reuters reported. The move…
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…
OpenAI Eyes $30bn at a $1.4tn Valuation as It Delays Its IPO
Tuesday, 29 September 2026. On the same day it showed off Dots, OpenAI was reported to be lining up one of the biggest private funding rounds ever…
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…
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…
UK Mortgage Approvals Hit 32-Month Low as BoE's Taylor Resists a Rate Rise
Tuesday, 29 September 2026. British home buyers are pulling back as mortgage costs climb, one Bank of England policymaker is pushing back against a…
Carnival Posts Record Quarter Despite Fuel Costs as Goldman Eyes Waldron for CEO
Tuesday, 29 September 2026. Carnival has shrugged off soaring fuel costs with a record quarter, sending its shares sharply higher, while Goldman…
OpenAI Pulls GPT-6.1 Astra Over Safety Fears as Oura Shelves Its IPO
Tuesday, 29 September 2026. OpenAI has pulled its next flagship model on safety grounds just hours before its biggest event of the year, and smart…
Anthropic's $2 Trillion IPO Numbers and Meta Poaches MongoDB's CEO
Tuesday, 29 September 2026. Two stories are dominating tech today: the first detailed look at Anthropic's finances from its IPO prospectus, and Meta…
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…