PRESS DIGEST- Financial Times - September 23

ReutersSep 23, 2025 3:09 AM

Sept 23 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

- Nvidia to invest up to $100bn in OpenAI

- Orsted to restart work on US offshore wind farm after court ruling

- Reeves urged to break Labour manifesto pledge and raise income tax

- France recognises Palestinian statehood and calls for end to Israeli war in Gaza

Overview

- Nvidia NVDA.O has announced plans to invest up to $100 billion in OpenAI in return for a significant stake in the ChatGPT maker, as part of a joint effort to build data centres for artificial intelligence.

- A federal judge has allowed Orsted ORSTED.CO to restart work on a major offshore wind farm in the US, in a boost to the troubled Danish company after several setbacks.

- The Resolution Foundation, an influential think-tank has urged British finance minister Rachel Reeves to break one of Labour’s key manifesto pledges by raising income tax in her November Budget, while at the same time providing workers with some relief by cutting national insurance.

- France joined other nations in formally recognising a Palestinian state on Monday as President Emmanuel Macron warned that “nothing justifies” Israel’s continuing war in Gaza.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Recommended Articles

'Big Short' Burry Doubles Down: Nvidia, Palantir Short Positions Double in Big Bet on AI Bubble Bursting

TradingKey — As the Nasdaq continues to hit consecutive record highs, Michael Burry—who rose to fame during the 2008 subprime mortgage crisis and was the inspiration for the film *The Big Short*—is betting with unprecedented intensity on the bursting of the AI bubble.

Hantavirus Appears Sporadically, Is Now the Opportunity to Buy Vaccine Concept Stock Moderna?

TradingKey - As of May 7, the World Health Organization (WHO) has confirmed eight cases of hantavirus infection associated with the cruise ship, including three deaths. The Andes strain of the virus is the only hantavirus subtype known to be capable of limited person-to-person transmission.

Why SanDisk Stock Could Soar to $4,000?

If SanDisk continues along its path and actually achieves the consensus estimate of $168 in earnings per share in one year, a P/E multiple of 22 — which is a rather conservative estimate of the S&P 500 average — would imply a stock price of close to $4,000.

AI Chip Sector Adds Heavyweight Player, Nvidia Rival Cerebras Plans to List Next Week, Targeting Largest US IPO of the Year

TradingKey - AI chipmaker Cerebras is reportedly planning to list on Nasdaq on May 14 under the ticker symbol “CBRS.” The IPO is expected to be the largest in the U.S. this year, placing Nvidia’s (NVDA) strongest challenger in the AI computing space officially under the capital market spotlight.

AMD Q1 Earnings: Data Center Revenue Surges 57% Driving Results Above Estimates, Shares Rise Over 16% After Hours

TradingKey - On May 5 (ET), Advanced Micro Devices (AMD) released its first-quarter fiscal 2026 financial results after the market close. The company reported revenue of $10.253 billion, up 38% year-over-year, exceeding market expectations of $9.89 billion. Non-GAAP earnings per share (EPS) were $1.

Featured Tools