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According to people familiar with the matter, after postponing its initial public offering (IPO) plans, OpenAI aims to raise at least $30 billion in a new funding round, targeting a valuation of approximately $1.4 trillion (excluding the funds raised in this round).

OpenAI announced the launch of GPT-6.1 Sol, an upgraded version of GPT-6 Sol that focuses on enhancing agentic coding, computer use, and professional work capabilities. OpenAI stated that GPT-6.1 Sol approaches the performance of GPT-6 Astra across multiple benchmarks, while its standard input and output token prices are approximately one-fifth those of Astra. Additionally, the AI agent Dot was also unveiled.

Axios reported on Tuesday, citing people familiar with the matter, that OpenAI's annualized revenue is approaching $70 billion based on its current operational performance. By comparison, when Bloomberg News reported in August, OpenAI's annualized revenue run rate stood at "over $40 billion."

• United Rentals experienced selling pressure following a technical breakdown below key support levels. • Fleet expansion expenses and higher depreciation costs continue to create margin headwinds. • The company reports annual revenue of $16.10B and a net profit of $2.49B.

On September 29, Eastern Time, Oracle (ORCL) shares rose 5%, reclaiming the $140 mark. Oracle and intelligent data infrastructure provider NetApp announced plans to launch OCI NetApp Storage Service, natively integrating NetApp ONTAP's data management capabilities into Oracle Cloud Infrastructure (OCI). This fully managed service is expected to be generally available within the next 12 months.

• FHFA enabled equal mortgage adoption for FICO and VantageScore models. • TransUnion extended discounted VantageScore pricing, threatening FICO market share. • FICO technical indicators show oversold conditions with a negative MACD.

• Carnival beat earnings estimates, driving sector momentum and resilient consumer demand. • Major Wall Street banks upgraded Royal Caribbean following attractive valuation pullbacks. • Strategic resort expansions and strong annual revenues reinforce long-term earnings growth.

• Carnival Corporation reported fiscal third-quarter earnings exceeding Wall Street revenue and income estimates. • Management raised its full-year outlook based on record booking indicators and strong demand. • Multiple analysts rated the stock as Buy with an average price target of $33.83.

• Pershing Square faced sharp profit-taking following a rapid multi-week rally. • Wall Street analysts maintained lower consensus price targets due to elevated valuations. • The company reported an annual revenue of $348.77M and net profit of $249.78M.

• Barclays upgraded Lumentum to Overweight amid strong optical transceiver demand. • AI infrastructure growth and expanding foundry capacities boosted photonic chip volumes. • Lumentum reported annual revenue of $3.01B and a net loss.

• Jefferies reaffirmed a Buy rating, projecting strong third-quarter retail unit growth. • CarMax's strong earnings and buybacks signaled sector-wide used-vehicle demand resilience. • Recent debt refinancing significantly reduced annual cash interest expenses and extended maturities.

• ASE Technology reported annual revenue of $20.71B and net profit of $1.30B. • Analysts issued Strong Buy ratings with an average price target of $46.52. • Strong AI demand and advanced packaging investments drive positive market momentum.

• Oracle shares rebounded as investors bought the dip following a recent selloff. • Remaining performance obligations expanded significantly, driven by strong cloud infrastructure demand. • Analysts maintain an average price target of $246.48 with Buy ratings.

• ASML experienced strong trading momentum driven by institutional confidence and bullish analyst coverage. • UBS reiterated a Buy rating, highlighting ASML's structural moat and AI-driven growth trajectory. • The company reported $36.83B in annual revenue and $10.83B in net profit.

• Safe-haven flows and US yield advantages drove the New Zealand dollar decline. • Firm US Treasury yields maintained a significant interest-rate spread supporting the dollar. • Technical indicators including MACD and RSI suggest strong sell conditions for NZD/USD.

On September 29 ET, Bloom Energy (BE) surged over 13% in early trading, erasing all of the previous day's losses and hitting a new recent high. Morgan Stanley maintained its "Overweight" rating and $310 price target on the stock, noting that contracted projects, multi-gigawatt partnerships, and strong 2026 guidance are expected to cushion the impact of standalone project delays on near-term earnings.

• Macroeconomic headwinds and sector weakness pressured Anheuser-Busch InBev stock downwards. • Technical indicators show a MACD sell signal and oversold conditions. • Analysts maintain positive ratings with an average price target of $97.17.

• Oracle reaffirmed its commitment to Bloom Energy's multi-gigawatt fuel cell deployment project. • RBC Capital and Jefferies supported the stock through facility expansion and price targets. • Bloom Energy reported an annual revenue of $2.02 billion and net losses.

• Marvell's stock rose amid volatility driven by AI data center custom silicon momentum. • Analysts highlighted Marvell's strategic expansion into optical digital signal processors and silicon photonics. • The company reported latest annual revenue of $8.19 billion and net profit of $2.67 billion.

• Boeing shares rebounded after investors reassessed the 737 MAX autopilot software issue. • The stock's technical indicators show a MACD of -2.150 and an RSI of 36.162. • Boeing reported latest annual revenue of $89.46B and a net profit of $1.89B.