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Australian Dollar holds gains following PMI data release
The Australian Dollar (AUD) holds ground against the US Dollar (USD) on Friday after registering losses in the previous session. The AUD/USD pair remains steady following the release of S&P Global Purchasing Managers’ Index (PMI) data.
Fxstreet
Fri, Oct 3
Google, NBCUniversal reach agreement to keep shows on YouTube TV
Oct 2 (Reuters) - Alphabet's Google GOOGL.O and Comcast-owned CMCSA.O NBCUniversal have reached a multi-year agreement to keep NBC shows such as "Sunday Night Football" and "America's Got Talent" on YouTube TV, wrapping up a difficult negotiation.YouTube TV, one of the bigges...
Reuters
Fri, Oct 3
General Dynamics gets $1.25 billion IT contract to support US Army in Europe, Africa
Oct 2 (Reuters) - Defense giant General Dynamics' information and technology unit had secured a $1.25 billion task order to support the U.S. Army in Europe and Africa, it said on Thursday, a week after announcing another $1.5 billion U.S. defense contract. The contract, awarded in September,...Reuters
Fri, Oct 3
Record-breaking buyouts push Wachtell atop global M&A adviser rankings
By David Thomas Oct 2 (Reuters) - The largest-ever buyout in the U.S. rail sector and the largest leveraged buyout in history helped propel Wachtell, Lipton, Rosen & Katz to the top of the London Stock Exchange Group's rankings of principal M&A legal advisers.New York-based Wachtell w...Reuters
Fri, Oct 3
Japan's markets gird for leadership vote with stocks, bonds on edge
Subdued market reaction seen from Koizumi victoryWin by dovish Takaichi could steepen yield curve, weaken yenDark horse Hayashi supports BOJ rate hikes, opposes large stimulusBy Junko Fujita and Kevin Buckland TOKYO, Oct 3 (Reuters) - Japanese markets are bracing for a crucial ruling party vote tReuters
Fri, Oct 3
Oil on track for steepest weekly plunge in 3-1/2 months
Oct 3 (Reuters) - Oil prices rose slightly on Friday after four straight sessions of declines but were on track for their steepest weekly decline since late June due to market expectations that the OPEC+ group could hike output further despite oversupply concerns. Brent crude futures LCOc1 gained 18Reuters
Fri, Oct 3
Musk’s push to transfer SEC probe of Twitter deal to Texas rejected by Federal judge
A federal judge has rejected Elon Musk’s appeal to transfer the case of the Securities and Exchange Commission’s (SEC) legal inquiry into the timing of his Twitter stake announcement to Texas. Elon Musk has faced legal scrutiny from regulators in both the U.S. and the UK over the management of hisCryptopolitan
Fri, Oct 3
REFILE-Arm plans to appeal final ruling in Qualcomm dispute
By Stephen Nellis SAN FRANCISCO, Sept 30 (Reuters) - Arm ARM.O said on Tuesday it planned to appeal a judge's ruling in a licensing dispute against Qualcomm QCOM.O that left the chipmaker's jury victory intact. Qualcomm secured a key win in U.S. federal court in Delaware last year, with a...Reuters
Thu, Oct 2
Stellantis, Volvo Cars shares rise as US sales defy tariff fears
Volvo Cars and Stellantis shares rise 5% and 7% respectivelyStellantis posted first quarterly sales growth in US this year. Automakers continue to adjust models they sell in the USBy Marie Mannes STOCKHOLM, Oct 2 (Reuters) - Shares in European automakers Volvo Cars VOLCARb.ST and Stellantis STLA...Reuters
Thu, Oct 2
Openai, Hitachi Join Hands On Energy-Saving Technology For Ai Data Centres, Generative Ai Development, Nikkei Says
Oct 2 (Reuters) - Hitachi Ltd 6501.T:OPENAI, HITACHI JOIN HANDS ON ENERGY-SAVING TECHNOLOGY FOR AI DATA CENTRES, GENERATIVE AI DEVELOPMENT, NIKKEI SAYSSource text: [ID:]Reuters
Thu, Oct 2
AMD rises on report Intel considers adding rival as foundry customer
** Shares of Advanced Micro Devices AMD.O rise 2.3% to $167 premarket ** Intel in talks to add AMD as a foundry customer, Semafor reported on Wednesday, citing people familiar with the matter** Reuters reported in April AMD was evaluating INTC's chip manufacturing processes** AMD did not respond...
Reuters
Thu, Oct 2
Quantum, Storage Shares Rally. IONQ, Rigetti, SEALSQ up Around 3%; Western Digital up over 4%, SanDisk up over 3%
Quantum shares rallied in premarket trading. IONQ, Rigetti, SEALSQ up around 3%; Quantum Computing up 2%; D-Wave Quantum up 1%.Storage shares gained in premarket trading. Western Digital up over 4%; SanDisk up over 3%.
Tiger News
Thu, Oct 2
Dogecoin Will Hit $4 This Bull Run— ‘It’s All Math,’ Says Analyst
Crypto analyst Cantonese Cat (@cantonmeow on X) argues that DOGE remains in a long-duration advance that has not yet delivered its terminal impulse. In a video analysis published on October 1, the analyst lays out a multi-cycle framework built on logarithmic charting, Elliott Wave structure, and Fib
NewsBTC
Thu, Oct 2
Quantum Meets Medicine: Novo Nordisk and Denmark Back Global Flagship Quantum Venture Fund
TradingKey - As Novo Nordisk faces growing pressure in the U.S. weight-loss drug market, the Danish pharmaceutical giant is accelerating its push into a futuristic frontier: quantum computing for medicine. In a major move, it has partnered with the Danish government to invest in the world’s largest
TradingKey
Thu, Oct 2
OpenAI hits $500 billion valuation after share sale to SoftBank, others, source says
Oct 2 (Reuters) - OpenAI, the company behind ChatGPT, has reached a valuation of $500 billion, following a deal in which current and former employees sold roughly $6.6 billion worth of shares, a source familiar with the matter told Reuters on Thursday.Reuters
Thu, Oct 2
Alibaba mapping logs record for daily users on first day of China holiday
HONG KONG, Oct 2 (Reuters) - Alibaba's 9988.HK mapping app Amap recorded more than 360 million daily active users on the first day of China's eight-day National Day holiday on Wednesday, setting an all-time high for the platform, the company said in a statement.Alibaba and rival Meituan 3690...
Reuters
Thu, Oct 2
