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Mercedes-Benz spins out Silicon Valley chip group into new company
Athos Silicon to develop energy-efficient chips for self-driving carsAthos receives significant investment and intellectual property from Mercedes-BenzAthos aims for independence to collaborate with multiple carmakersPower savings crucial for electric vehicles, Athos CEO emphasizesBy Stephen NellisS...
Reuters
Fri, Sep 26
Stocks
Why GlobalFoundries Rallied on Friday
Key PointsThe Trump administration is proposing a new tariff rule on semiconductors. While some exemptions will be available in the near term, it appears the administration is using a "stick" of tariffs to mandate more domestic chip manufacturing over time. GlobalFoundries could benefit from the inc...
The Motley Fool
Fri, Sep 26
Other
Maduro offers to help Trump hunt Venezuelan gang leaders, Bloomberg reports
Sept 26 (Reuters) - Venezuelan President Nicolas Maduro offered to help U.S. President Donald Trump's administration hunt down leaders of the Tren de Aragua drug cartel after the U.S. deployed the military to carry out anti-narcotics strikes in the Caribbean, Bloomberg reported on Friday.Maduro ...
Reuters
Fri, Sep 26
Stocks
EMERGING MARKETS-Argentina's peso set for best week on record on pledged US support
LatAm stocks up 0.4%, LatAm FX up 0.2%Brazil posts narrower current account deficit in AugustColombia rate decision due next weekBy Nikhil Sharma and Pranav Kashyap Sept 26 (Reuters) - Latin American markets perked up on Friday and were headed for a mixed weekly finish, as Argentine assets bounce...
Reuters
Fri, Sep 26
Other
Russia, China push at UN to delay return of Iran sanctions fails
PARIS, Sept 26 (Reuters) - A Russian and Chinese push to delay the return of United Nations sanctions on Iran failed on Friday at the 15-member U.N. Security Council after only four countries voted in favor of their draft resolution. Nine countries voted no, while two abstained. All U.N. sanctions o...
Reuters
Fri, Sep 26
Commodities
GRAINS-Soy futures end up but notch weekly loss after China buys Argentina crops
Chinese purchases of Argentine soy loom over US marketUS farmers advance soybean and corn harvestsCBOT corn and wheat futures easeTraders await USDA grain stocks report next weekBy Tom Polansek CHICAGO, Sept 26 (Reuters) - Chicago Board of Trade soybean futures finished slightly higher on Friday ...
Reuters
Fri, Sep 26
Commodities
Lithium Argentina's Cauchari-Olaroz aims to triple production by 2029
By Lucila SigalBUENOS AIRES, Sept 26 (Reuters) - Lithium Argentina's Cauchari-Olaroz project in northern Argentina is aiming to produce 85,000 metric tons of the battery metal annually by around 2029, more than triple last year's output, said Executive Vice President Ignacio Celorrio.The sit...
Reuters
Fri, Sep 26
Commodities
US natural gas prices slide 2% on mild weather forecasts, ample fuel in storage
Pipeline constraints cause negative cash prices at Waha, AECO hubsAECO prices hit record lows for four consecutive daysLower 48 states' gas output falls, storage levels remain highHurricane Humberto projected to strengthen, but not affect Gulf of MexicoBy Scott DiSavino Sept 26 (Reuters) - ...
Reuters
Fri, Sep 26
Cryptocurrencies
U.S. equity funds drew $12.06 billion in inflows this week
U.S. Equity funds drew $12.06 billion in inflows this week, ending the two-week momentum of outflows.
Cryptopolitan
Fri, Sep 26
Stocks
Here's Why USA Rare Earth Stock Is Tumbling Lower Today
Key PointsUSA Rare Earth is focused on the production of rare earth magnets.American Resources announced an expansion of its critical mineral refining facility. Investors in USA Rare Earth shouldn't fret about the expansion of operations for American Resources.10 stocks we like better than USA Rare ...
The Motley Fool
Fri, Sep 26
Cryptocurrencies
Crypto market loses $300 billion this week as Ether fell 12% and Bitcoin dropped 5%
The crypto market got slammed with a brutal $300 billion loss this week as leverage-heavy trades across the board unraveled, tanking major coins and dragging overall sentiment to levels not seen since June. The crash started snowballing after Ether dropped a steep 12%, its worst weekly drop since the middle of the year. That fall […]
Cryptopolitan
Fri, Sep 26
Forex
Canadian Dollar slows losses, but weakness continues
The Canadian Dollar (CAD) slowed its pace of losses against the US Dollar (USD) on Friday, but still remains firmly on the low side, testing 18-week intraday lows before battling back against the tide of Greenback pressure to cap off a week of sustained losses.
USD/CAD
Fxstreet
Fri, Sep 26
Stocks
BMO raises S&P 500 year-end 2025 price target to 7,000
Sept 26 (Reuters) - BMO Capital Markets said on Friday that it was revising its year-end 2025 target for the S&P 500 .SPX to 7,000 from 6,700 citing factors including Federal Reserve rate cuts and strong earnings. "With the Fed cutting interest rates, earnings solidifying, AI not ANYWHERE ne...
Reuters
Fri, Sep 26
Other
Electronic Arts nears go-private deal at roughly $50 billion valuation, source says
NEW YORK, Sept 26 (Reuters) - Electronic Arts EA.O is nearing a deal to go private at a roughly $50 billion valuation, with a transaction set to be announced as soon as next week, a person familiar with the matter said on Friday.The Wall Street Journal earlier reported the news, saying the buyer of ...
Reuters
Fri, Sep 26
Other
Gunman who targeted NFL's New York offices suffered from CTE, examiner finds
By James Oliphant Sept 26 (Reuters) - The man who killed four people at a midtown Manhattan office tower housing the NFL's head office suffered from a traumatic brain injury commonly associated with football players, the New York City Medical Examiner’s Office said on Friday.Shane Tamura, 27,...
Reuters
Fri, Sep 26
Cryptocurrencies
SoftBank and Ark Invest are in early talks to invest up to $20 billion in Tether
SoftBank and Ark Invest are now in talks to back Tether in the massive deal that would push the crypto giant’s valuation to $500 billion, according to Bloomberg. What matters here is that Masayoshi Son and Cathie Wood are seriously considering writing huge checks for Tether, the company behind the world’s biggest stablecoin, USDT. The […]
Cryptopolitan
Fri, Sep 26
Other
Ukraine says Russia drone incursion part of pressure plan against West
NATO jets downed Russian drones in Polish airspaceRussia denies targeting Poland, Trump cites possible mistakeKremlin calls talk of shooting down Russian planes recklessBy Tom Balmforth UNITED NATIONS, Sept 26 (Reuters) - Russia deliberately flew drones into the airspace of NATO member Poland thi...
Reuters
Fri, Sep 26
Cryptocurrencies
Bitcoin Miner TeraWulf Targets $3 Billion To Power Google-Tied Project
TeraWulf, the Bitcoin miner that has been shifting into data center services, is lining up about $3 billion in debt financing to bankroll a large build-out of facilities — and Google is closely tied to the deal, according to reports. Related Reading: Philippines Authorities Move To Put Key Public Re...
Bitcoinist
Fri, Sep 26
Other
Trump told Zelenskiy he was open to providing new long-range weapons, WSJ says
Sept 26 (Reuters) - U.S. President Donald Trump told Ukrainian President Volodymyr Zelenskiy that he was open to lifting restrictions on Ukraine's use of American-made long-range weapons to strike inside Russia, but did not commit to doing so in their Tuesday meeting, the Wall Street Journal rep...
Reuters
Fri, Sep 26
Other
Trump’s UN speech sparks European anxiety over shared global commitments
European officials concerned over erosion of shared democratic valuesFrance's Barrot at Harvard warns of slide to dictatorshipTrump criticizes Europe's immigration and energy policies at UNBy John Irish UNITED NATIONS, Sept 26 (Reuters) - European officials are uneasily digesting U.S. Pre...
Reuters
Fri, Sep 26
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