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PsiQuantum valued at $7 billion in latest funding round, teams up with Nvidia
Sept 10 (Reuters) - Quantum computing startup PsiQuantum said on Wednesday it has raised $1 billion in its latest funding round at a valuation of $7 billion, and announced a collaboration with Nvidia NVDA.O to speed up development of its quantum computers.The Series E funding round was led by invest...Reuters
Wed, Sep 10
Economic Indicator
US 30-year mortgage rate slides to 11-month low, MBA data shows
MBA reports 30-year mortgage rate at 6.49%, lowest since last OctoberMortgage applications rise 9.2%, highest in over three yearsFed expected to cut rates following weakening job market dataSept 10 (Reuters) - The interest rate on the most popular U.S. home loan dropped by the most in six months las...Reuters
Wed, Sep 10
Other
Valeo CEO backs minimum EU content in cars to aid region's competitiveness
By Rachel More MUNICH, Sept 10 (Reuters) - Introducing a minimum requirement for European content in cars sold in the EU is vital for keeping the region's auto sector competitive, Christophe Perillat, chief executive of French car parts supplier Valeo VLOF.PA, said on Wednesday.The European C...Reuters
Wed, Sep 10
Stocks
H.C. Wainwright downgrades Tourmaline Bio to 'neutral' after $1.4 billion buyout deal
** Brokerage H.C. Wainwright downgrades biopharma firm Tourmaline Bio TRML.O to "neutral" from "buy" rating** Swiss drugmaker Novartis NOVN.S said on Tuesday it will acquire TRML for $1.4 billion or $48 per share** Deal is expected to close in Q4 ** "We do not expect a competitiv...Reuters
Wed, Sep 10
Commodities
Germany mulls several options for SEFE and Uniper, including sale or IPO
BERLIN, Sept 10 (Reuters) - The German government is examining several options for both SEFE and Uniper UN0k.DE, the energy firms Germany nationalised during Europe's energy crisis, including a separate sale or a possible listing, the economy ministry said on Wednesday."The federal governmen...Reuters
Wed, Sep 10
Commodities
GRAINS-Soybeans, corn dip as traders eye US crop estimate report
BEIJING/PARIS, Sept 10 (Reuters) - Chicago soybeans and corn eased on Wednesday as traders squared positions ahead of the U.S. Department of Agriculture's global supply and demand report due on Friday.Analysts expect the agency to trim U.S. soybean and corn yield forecasts, though production is ...Reuters
Wed, Sep 10
Other
Kremlin says drone incident in Poland is question for the defence ministry
MOSCOW, Sept 10 (Reuters) - The Kremlin on Wednesday declined to comment on Poland's statement that it had shot down Russian drones in Polish airspace, saying this was a matter for the defence ministry.Poland said a large number of Russian drones had violated its airspace during the incident, an...Reuters
Wed, Sep 10
Stocks
CANADA STOCKS-TSX futures steady following record rally
Sept 10 (Reuters) - Futures tied to Canada's main stock index were subdued on Wednesday, as investors paused after a record rally in the previous session and awaited U.S. producer price data due later in the day for insights into tariff-induced inflation.Futures on the S&P/TSX index SXFcv1 g...Reuters
Wed, Sep 10
Other
Soccer-Mbappe says mental health remains taboo in elite sports
PARIS, Sept 10 - France captain Kylian Mbappe said top athletes are still reluctant to speak freely about mental health because they fear being judged, adding that his passion for the game is what keeps him from becoming disillusioned with football.In a wide-ranging interview with L’Equipe Magazine ...Reuters
Wed, Sep 10
Other
I-80 Gold Reports Initial Assay Results From Granite Creek Underground And Provides Infill Drilling Update
Sept 10 (Reuters) - I-80 Gold Corp IAUX.A:I-80 GOLD REPORTS INITIAL ASSAY RESULTS FROM GRANITE CREEK UNDERGROUND AND PROVIDES INFILL DRILLING UPDATE AT HIGH-GRADE COVE PROJECTReuters
Wed, Sep 10
Other
AsiaStrategy Unit Subscribes 46.2 Million And Buys 11.5 Million SGA Shares - SEC Filing
Sept 10 (Reuters) - AsiaStrategy:ASIASTRATEGY: CO'S UNIT SUBSCRIBED FOR 46.2 MILLION NEW ORDINARY SHARES & PURCHASED 11.5 MILLION ORDINARY SHARES OF SGA CO. - SEC FILINGASIASTRATEGY: ASIA STRATEGY PARTNERS LLC TO HOLD ABOUT 49.03% OF TOTAL ORDINARY SHARES OF SGA COSource text: [ID:n000121390...Reuters
Wed, Sep 10
Other
Alliance Cloud Expands With SV Partner After First NVIDIA GPU Deployment at Michigan Hyperscale Facility
Sept 10 (Reuters) - Hyperscale Data Inc GPUS.A:HYPERSCALE DATA'S ALLIANCE CLOUD SERVICES EXPANDS COLLABORATION WITH SILICON VALLEY CLOUD PROVIDER FOLLOWING FIRST NVIDIA GPU DEPLOYMENT AT MICHIGAN FACILITYReuters
Wed, Sep 10
Other
Babcock & Wilcox, Denham Announce Partnership To Convert Existing Coal Plants To Power Data Centers
Sept 10 (Reuters) - Babcock & Wilcox Enterprises Inc BW.N:BABCOCK & WILCOX AND DENHAM CAPITAL ANNOUNCE STRATEGIC PARTNERSHIP TO CONVERT EXISTING COAL PLANTS TO POWER DATA CENTERS IN THE U.S. AND EUROPEBABCOCK & WILCOX ENTERPRISES INC - INVESTMENTS TO CONVERT COAL PLANTS TO NATURAL GAS SO...Reuters
Wed, Sep 10
Other
Tapestry Maintains Growth Outlook For Fiscal Year 2026
Sept 10 (Reuters) - Tapestry Inc TPR.N:TAPESTRY: INITIATES OUTLOOK FOR MID-SINGLE DIGIT REVENUE INCREASE AND LOW-DOUBLE-DIGIT DILUTED EPS GROWTH IN FISCAL YRS 2027, 2028TAPESTRY: OPERATING MARGIN EXPANSION TARGET OF OVER 22% BY FISCAL 2028TAPESTRY: PLANS TO RETURN $4 BILLION TO SHAREHOLDERS THROUGH ...Reuters
Wed, Sep 10
Stocks
FTSE 100 lifted by bank, healthcare stocks; corporate earnings in focus
FTSE 100 up 0.3%, FTSE 250 flatAB Foods slumps on weak Primark sales outlookHaleon rises after GS upgradeVistry slips on H1 profit drop Sept 10 (Reuters) - Britain's blue-chip index edged up on Wednesday, supported by heavyweight bank and healthcare stocks, while investors assessed a slew of ...Reuters
Wed, Sep 10
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