News
Important Only
Oklo's 1000% Surge Faces Skepticism from Goldman Sachs: Can the AI Boom Justify the Nuclear Giant's Valuation?
TradingKey - On Wednesday, September 24, Goldman Sachs issued a "neutral" rating for nuclear power leader Oklo, setting a price target of $117 and forecasting a decline in the next year.
TradingKey
Fri, Sep 26
CoreWeave Signs $6.5B Deal with OpenAI to Help Reduce Reliance on Microsoft
TradingKey - On Thursday, local time, AI cloud infrastructure provider CoreWeave announced a new cooperation agreement worth $6.5 billion with OpenAI. This latest contract brings the total value of its agreements with the ChatGPT developer to $22.4 billion.TradingKey
Fri, Sep 26
TSMC Smiles, Apple Panics? Trump’s “1:1” Chip Rule Could Reshape Tech Supply Chains
TradingKey - To reduce reliance on overseas semiconductors, the Trump administration is preparing a radical new policy: requiring chipmakers to produce in the United States a volume of chips equal to the amount their customers import from abroad.
TradingKey
Fri, Sep 26
Turkish Airlines completes deal to buy 225 Boeing planes after Erdogan-Trump talks
President Erdogan met Trump at White House on ThursdayState carrier recently bought minority stake in Air EuropaTurkish Airlines aims to raise fleet to 800 aircraft by 2033By Can Sezer and Daren Butler ISTANBUL, Sept 26 (Reuters) - Turkish Airlines THYAO.IS said on Friday it would order 75 Boeing...Reuters
Fri, Sep 26
Hundreds Closed, Thousands Cut: Starbucks’ Painful Turnaround Goes Deeper Than Expected
TradingKey - Global coffee chain giant Starbucks (SBUX.US) announced on Thursday a $1 billion restructuring plan, including closing hundreds of stores and laying off 900 employees across North America. This marks Starbucks’ second major round of job cuts in 2025, signaling another decisive move in
TradingKey
Fri, Sep 26
PRECIOUS-Gold holds ground as Fed rate-cut bets fade, tariffs boost support
Trump slaps fresh tariffs on a broad range of importsU.S. economy grew faster than estimated in second quarterU.S. PCE data due at 1230 GMTPlatinum hovers near 12-year highBy Anmol Choubey Sept 26 (Reuters) - Gold steadied on Friday as U.S. data tempered expectations for further Federal Reserve r...Reuters
Fri, Sep 26
Asian currencies set for weekly losses; S.Korea shares slump
Sept 26 (Reuters) - Most Asian currencies were poised for weekly losses as the dollar strengthened and U.S. President Donald Trump's latest tariffs dampened risk sentiment, while South Korean shares fell nearly 3% on Friday on concerns over U.S. trade talks.Reuters
Fri, Sep 26
Gold dips as Fed rate cut bets fade; lacks bearish conviction ahead of US PCE data
Gold (XAU/USD) struggles to capitalize on the previous day's modest gains and attracts fresh sellers during the Asian session on Friday. The upbeat US macro data released on Thursday fueled uncertainty over the pace of interest rate cuts by the Federal Reserve (Fed)
Fxstreet
Fri, Sep 26
Rupee averts record low on cenbank intervention as tariff clouds darken
MUMBAI, Sept 26 (Reuters) - The Indian rupee managed to hold above its all-time low on Friday, supported by likely central bank intervention, even as steep U.S. tariffs on branded drug imports compounded lingering concerns over a hit to trade and foreign portfolio flows.Reuters
Fri, Sep 26
EUR/USD strengthens above 1.1650 ahead of US PCE inflation data
The EUR/USD pair recovers some lost ground around 1.1680 during the Asian trading hours on Friday, bolstered by a weaker US Dollar (USD). Markets might turn cautious later in the day ahead of the key US August Personal Consumption Expenditures (PCE) Price Index report.
Fxstreet
Fri, Sep 26
USD/INR opens flat even as Trump announces tariffs on pharmaceutical imports
The Indian Rupee (INR) opens on a flat note around 88.90 against the US Dollar (USD) on Friday. The USD/INR pair is expected to move higher as United States (US) President Donald Trump has announced fresh tariffs on pharmaceuticals, which will come into effect on October 1.Fxstreet
Fri, Sep 26
Trump Unveils 100% Drug Tariffs Effective Oct 1, Domestic Production Becomes Exemption Pathway
TradingKey - U.S. President Donald Trump announced on Thursday that the United States will impose a 100% tariff on "any branded or patented drugs entering the United States" starting October 1.TradingKey
Fri, Sep 26
Japanese Yen weakens on BoJ rate hike delay, US tariff worries, ahead of US PCE data
The Japanese Yen (JPY) slides to a fresh low since early August against its American counterpart following the release of softer-than-expected consumer inflation figures from Japan's capital city, Tokyo.
Fxstreet
Fri, Sep 26
SEC Scrutinizes Crypto Treasury Stocks for Insider Trading, Challenging Strategy’s Buy-and-Hold Crypto Model
TradingKey - Amid a broader crypto market pullback, U.S. regulators SEC and FINRA have launched preliminary reviews into some of crypto treasury companies. Regulators have begun examining whether abnormal trading patterns exist in the stocks of companies that have adopted crypto purchases as a core
TradingKey
Fri, Sep 26
Japan to launch facility to support $550 billion investment under US trade deal
TOKYO, Sept 26 (Reuters) - Japan's finance ministry said on Friday that it will set up an investment facility at a state-owned development bank to support a $550 billion investment package agreed in Tokyo's tariff deal with Washington.Reuters
Fri, Sep 26
Japan has most-favoured nation status for US pharmaceutical tariffs, Akazawa says
TOKYO, Sept 26 (Reuters) - Japan has secured the United States' most-favoured nation status on its tariffs on chips and drugs, Tokyo's trade negotiator Ryosei Akazawa said on Friday, after U.S. President Donald Trump announced new sector-specific tariff measures.Reuters
Fri, Sep 26
Soft September Tokyo CPI Doesn’t Mean a Softer BOJ Stance as Yen Stabilizes
TradingKey - While stronger-than-expected U.S. Q2 GDP data pushed USD/JPY toward the psychological 150 level, weaker-than-expected inflation in Japan’s key early indicator — the September Tokyo CPI — failed to reinforce expectations of further yen weakness. Instead, the yen briefly strengthenedTradingKey
Fri, Sep 26
