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Nebius Jumps 6%. Microsoft Bets $33 Billion on Neoclouds like Nebius to Ease AI Crunch
Nebius stock rose 6% in premarket trading. Microsoft Corp.’s deal with neocloud company Nebius Group NV will provide computing power to internal teams creating large language models and a consumer AI assistant, according to people familiar with the situation.The arrangement, which is worth as much a...Tiger News
Thu, Oct 2
Cryptocurrencies
Ziplines, DJs and Trump: Singapore's crypto conference has attendees roaring
TOKEN2049 conference attracts 25,000 attendees in SingaporeTrump Jr and Witkoff praise Trump's support for crypto industryConference features zipline, airbrushed tattoos, cryotherapy chamber activitiesBy Xinghui Kok and Rae Wee SINGAPORE, Oct 2 (Reuters) - From making predictions about a mult...Reuters
Thu, Oct 2
Stocks
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
Other
Italy working to avoid US hit for Pirelli due to Chinese shareholder, minister says
ROME, Oct 2 (Reuters) - Italy is working to avoid tyremaker Pirelli PIRC.MI being hit by U.S. restrictions due to its Chinese shareholder, the Italian industry minister said on Thursday."Our goal is to ensure that the company can operate at its best in the most promising market, namely the U.S. ...Reuters
Thu, Oct 2
Forex
USD/JPY: Sharp declines appear excessive – UOB Group
US Dollar (USD) is likely to trade in a range between 146.70 and 148.00. In the longer run, sharp declines appear excessive, but USD could drop to 146.30. The odds for a continued decline below this level are not high, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Oct 2
Stocks
SoundHound AI Stock: Should Investors Worry About Recent Insider Selling by Executives?
Key PointsSoundHound AI share prices have been volatile over the past year, and recently pulled back.Insiders have sold shares in September, but it doesn't look like anything out of the ordinary.Meanwhile, the company has a huge opportunity in agentic AI in front of it. 10 stocks we like better than...The Motley Fool
Thu, Oct 2
Other
ADVISORY-Alerts incorrectly tagged to Wealth Management Inc withdrawn
Alerts on the U.S. IPO filing of fintech Wealth Management Systems were incorrectly tagged to Japan-based Wealth Management Inc 3772.T, an unrelated entity, and have been withdrawn. For the correct set of alerts, click nFWN3VI17O STORY_NUMBER:nFWN3VI1A8STORY_DATE:02/10/2025STORY_TIME:10:07:33 ...Reuters
Thu, Oct 2
Stocks
Angiodynamics rises after raising FY sales forecast
** Shares of medical device maker Angiodynamics ANGO.O rise 5.5% to $11.75 in premarket trading** Co projects annual sales in the range of $308 million to $313 million, compared to a previous range of $305 million to $310 million; analysts on average expect full-year sales of $307.2 million as per L...Reuters
Thu, Oct 2
Stocks
Novo, Lilly weight-loss drugs should be first option obesity treatments, European doctors say
Most effective drugs for obesity and its complications are semaglutide, tirzepatide, new European guideline saysCertain GLP-1 drugs are best for specific complicationsThe non-binding guideline emphasizes economic considerations in obesity treatmentBy Nancy LapidOct 2 (Reuters) - Novo Nordisk's N...Reuters
Thu, Oct 2
Forex
USD/CHF drifts away from 0.7975 highs despite soft Swiss inflation data
The US Dollar is trimming Wednesday gains on Thursday, pulling back to session lows near 0.7950. The generalised US Dollar weakness has offset the negative impact on the Swiss Franc from softer-than-expected inflation data.
Fxstreet
Thu, Oct 2
Stocks
CANADA STOCKS-TSX futures pause after record high; investors eye rate-cut bets
Oct 2 (Reuters) - Futures tied to Canada's main stock index were flat on Thursday, as investors took a breather after the previous session's record peak when a sharper contraction in domestic manufacturing fueled expectations of further rate cuts by the Bank of Canada.Futures on the S&P/...Reuters
Thu, Oct 2
Other
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
Stocks
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
Stocks
Social Security Commissioner: "Everything's Being Considered" to Avoid a 24% Benefit Cut
Key PointsSocial Security is less than a decade away from insolvency, which could lead to a 24% benefit cut.The Social Security Commissioner indicated that all options were on the table before ruling out the possibility of raising the full retirement age (FRA).Once the government announces a plan to...The Motley Fool
Thu, Oct 2
Cryptocurrencies
Pepe Coin Price Prediction, Shiba Inu News & Updates From The Top Crypto Presale Remittix
The crypto universe in 2025 is filled with breaking news regarding community coins and intriguing presales. Pepe Coin Price Prediction, Shiba Inu, and the progress of the Remittix presale are among the most trending topics on the news. Even though meme coins like Shiba Inu and Pepe have continued to grab attention from investors, new […]Cryptopolitan
Thu, Oct 2
Other
Medical devices maker AngioDynamics Q1 net sales beats estimates, raises annual rev guidance
OverviewAngioDynamics fiscal Q1 net sales rise 12.2%, beating analyst expectationsAdjusted EPS and adj net income beat estimates, per LSEG dataCo raises FY 2026 guidance for net sales, adjusted EBITDAOutlookAngioDynamics raises FY 2026 net sales guidance to $308-$313 mlnCompany increases FY 2026 Med...Reuters
Thu, Oct 2
Cryptocurrencies
Ziplines, DJs and Trump: Singapore's crypto conference has attendees roaring
TOKEN2049 conference attracts 25,000 attendees inSingaporeTrump Jr and Witkoff praise Trump's support forcrypto industryConference features zipline, airbrushed tattoos, cryotherapy chamber activitiesBy Xinghui Kok and Rae Wee SINGAPORE, Oct 2 (Reuters) - From making predictions about a multi-...Reuters
Thu, Oct 2
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