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Cryptocurrencies
Saylor Says Bitcoin Will ‘Move Up Smartly Again’ – Next 1000x Cryptos According to Grok
Bitcoin is down nearly 5.5% this week, forcing crypto bros to climb off their high horse and face the reality that a 2021-style bump might not be around the corner just yet. That said, Strategy boss Michael Saylor, whose company is the largest corporate holder of Bitcoin, recently shared his outlook...Bitcoinist
Fri, Sep 26
Stocks
INSTANT VIEW-US PCE matches expectations in August
By Chuck MikolajczakNEW YORK, Sept 26 (Reuters) - The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index (PCE) rose 0.3% in August, versus the prior 0.2% rise in July and matched the estimate of economists polled by Reuters.In the 12 months through August, PCE ...Reuters
Fri, Sep 26
Other
Founder Group Limited Announces Rm 1.16 Billion 310 Mwp Solar-Plus-Storage Project In Sarawak
Sept 26 (Reuters) - Founder Group Ltd FGL.O:FOUNDER GROUP LIMITED ANNOUNCES LANDMARK RM1.16 BILLION [USD276 MILLION] 310 MWP SOLAR-PLUS-STORAGE PROJECT IN SARAWAK, ANCHORING REGIONAL GREEN DATA CENTREReuters
Fri, Sep 26
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Intelligent Bio Solutions Provides Updated Timeline For Anticipated FDA 510(K) Submission And Clearance
Sept 26 (Reuters) - Intelligent Bio Solutions Inc INBS.O:INTELLIGENT BIO SOLUTIONS ADVANCES PREPARATIONS AND PROVIDES UPDATED TIMELINE FOR ANTICIPATED FDA 510(K) SUBMISSION AND CLEARANCEINTELLIGENT BIO SOLUTIONS INC - ANTICIPATES FDA 510(K) CLEARANCE IN SECOND HALF OF 2026Reuters
Fri, Sep 26
Other
Poland to cut EU Recovery plan loans by $5.9 billion, minister says
WARSAW, Sept 26 (Reuters) - Poland will cut the amount of money it takes in cheap loans from the European Union's post COVID-19 Recovery and Resilience Facility by 21.5 billion zlotys ($5.87 billion), the Funds and Regional Policy Minister said on Friday.Warsaw is grappling to bring its finances...Reuters
Fri, Sep 26
Other
More than 150 companies have ties to Israeli settlements, UN database finds
UN rights office lists companies linked to West Bank settlementsMore than 60 new companies identified by UN since 2023Report says they must ensure they are not contributing to abusesIsrael disputes UN court ruling that settlements are illegalBy Olivia Le Poidevin GENEVA, Sept 26 (Reuters) - More ...Reuters
Fri, Sep 26
Other
Germany's Merz says Europe still far too dependent on software from US
BERLIN, Sept 26 (Reuters) - Germany still depends far too much on software from the United States, Chancellor Friedrich Merz said on Friday, calling for Europe to focus more on digital sovereignty and its own data centres. "I want us in Europe, not just us in Germany, but we in Europe as a whole...Reuters
Fri, Sep 26
Other
Russia expands list of banned UK nationals in response to London's 'confrontational course' on Ukraine
MOSCOW, Sept 26 (Reuters) - Russia expanded its list of banned UK nationals on Friday in response to what it said was London's continued confrontational course on Ukraine and "cynical anti-Russian adventures." The list of seven individuals included an MP, Foreign Office employees, think-...Reuters
Fri, Sep 26
Stocks
Did Pfizer Just Give Investors 7 Billion Reasons to Buy Its Stock?
Key PointsPfizer is paying over $7 billion to buy clinical-stage biotech Metsera.This gives it a wedge into the hottest segment of the pharma industry.Yet, shares of the giant drugmaker remain at depressed levels.10 stocks we like better than Pfizer › In the pharmaceutical world, if you can't develo...The Motley Fool
Fri, Sep 26
Other
AstraZeneca to cut some direct-to-patient US drug prices after Trump demand
AstraZeneca offers diabetes, asthma drugs at up to 70% discount in USTrump pressures drugmakers to lower US prices, link costs to other nationsAstraZeneca Direct website bypasses pharmacies, insurers for direct discounted sales to patientsFirm follows other drugmakers responding to Trump pressureBy ...Reuters
Fri, Sep 26
Stocks
J.P.Morgan downgrades bitcoin miners IREN, CleanSpark, upgrades Riot
** Brokerage J.P.Morgan downgrades IREN IREN.O to "underweight" from "neutral" and CleanSpark CLSK.O to "neutral" from "overweight" ** Shares of bitcoin miner IREN down 4.6% at $44.2, while per CLSK falls 4.5% to $13.07 premarket ** Riot Platforms RIOT.O shares offer ...Reuters
Fri, Sep 26
Stocks
Jefferies lifts PT on Thor Industries after Q4 sales beat
** Jefferies raises PT on recreational vehicles manufacturer Thor Industries THO.N to $100 from $92; a downside of 5.5% from the stocks last close** Maintains rating at "hold"** Co on Wednesday reported Q4 net sales above Wall Street estimates** Jefferies says Thor's motorized volumes we...Reuters
Fri, Sep 26
Cryptocurrencies
ECB points to rising inflation expectations in decision to pause rate cuts
The European Central Bank (ECB) is pausing on rate cuts, and it’s blaming rising inflation expectations. The central bank made that call after new survey data on Friday showed that people across the euro area now expect prices to rise 2.8% over the next 12 months. That’s up from 2.6% in July. The five-year forecast […]Cryptopolitan
Fri, Sep 26
Stocks
ONE Gas rises after Mizuho upgrades to 'outperform'
** Shares of ONE Gas OGS.N rise nearly 1% to about $78 in premarket trading, after Mizuho upgrades co to "outperform" from "neutral"** Mizuho raises PT to $86 from $77, a 10.9% upside on stock's last close** Says full-year benefits of HB 4384 legislation can represent ~$0.18 of i...Reuters
Fri, Sep 26
Stocks
Onconetix Announces Financing Through $12.9 Million Private Placement Of Series D Stock And Warrants, Settlement Of $8.8 Million Debt With Veru
Sept 26 (Reuters) - Onconetix Inc ONCO.O:ONCONETIX ANNOUNCES FINANCING THROUGH A $12.9 MILLION PRIVATE PLACEMENT OF SERIES D PREFERRED STOCK AND WARRANTS, TERMINATION OF MERGER AGREEMENT WITH OCUVEX, INC. AND SETTLEMENT OF $8.8 MILLION DEBT WITH VERU, INC.Reuters
Fri, Sep 26
Stocks
US stock index futures extend gains after August inflation data
Sept 26 (Reuters) - U.S. stock index futures extended gains on Friday, after an in-line inflation reading reinforced bets that the Federal Reserve may proceed with interest rate cuts this year.A Commerce Department report showed the Personal Consumption Expenditures index rose 2.7% in August on an aReuters
Fri, Sep 26
Other
DIARY-Political and General News Events from September 26
Sept 26 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY --------...Reuters
Fri, Sep 26
Economic Indicator
US consumer spending increases solidly in August
Consumer spending driven by high-income householdsEconomists predict spending slowdown due to higher prices WASHINGTON, Sept 26 (Reuters) - U.S. consumer spending increased slightly more than expected in August, keeping the economy on solid ground as the third quarter progressed, while inflation ...Reuters
Fri, Sep 26
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