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TRUMP ON DIESEL: EXPORT BAN WAS NEVER REALLY ON THE TABLE

TRUMP ON DIESEL: WE HAVE A VERY GOOD RELATIONSHIP WITH EUROPE

TRUMP ON DIESEL: WE'RE NOT GOING TO BE DOING THE EXPORT BAN

FAA DETERMINES 737 MAX SOFTWARE GLITCH DOESN'T POSE A SAFETY ISSUE, PER WSJ Boeing $BA builds the 737 MAX.

META PARTS WAYS WITH VIRTUE AI - SEMAFOR

SPOT GOLD FALLS NEARLY 1% TO $4,137.85/OZ

$NKE - NIKE SHARES FALL TO LOWEST SINCE SEPTEMBER 2013, LAST DOWN NEARLY 6%

NASDAQ COMPOSITE INDEX HITS ALL-TIME HIGH, LAST UP 1.6%

TRUMP: EUROPE HAS JUST AGREED TO RELEASE A MASSIVE AMOUNT OF THEIR HEAVILY STOCKED DIESEL OIL TRUMP: PROCESS WILL BEGIN IMMEDIATELY.

TIMIRAOS: WEAK JOBS REPORT CLEARS PATH FOR FED PAUSE The September jobs report gives the Fed more room to hold rates steady in October, with hiring slowing and unemployment edging up to 4.2%. With little evidence of labor-market inflation pressure, attention now shifts to

*MACRON: G7 DECIDED TO RELEASE DIESEL AND CRUDE STOCKS *MACRON: DIESEL, CRUDE STOCKS TO BE RELEASED OVER 4 MONTHS

TRUMP EXPECTED TO NAME JAY CLAYTON AS AI CZAR - CNN

*HASSETT: THIS JOBS REPORT WAS ABOUT EXPECTED

*NVIDIA SHARES RISE 2.5% TO HIT FIRST RECORD HIGH SINCE MAY

*HASSETT: WE WANT MORTGAGE RATES TO GO DOWN

*HASSETT: NAVY HAS OPENED HORMUZ, CRUDE COMING THROUGH

WHITE HOUSE PREPARES ACTION ON RECORD U.S. DIESEL PRICES Washington is pressuring Europe to release emergency fuel reserves as the White House prepares an executive order aimed at tackling record-high U.S. diesel prices. The order could be unveiled as early as next week,

*HASSETT ON DIESEL: WE HAVE BEEN TALKING WITH EUROPE *HASSETT ON DIESEL: EUROPE RELEASE WOULD HAVE MASSIVE IMPACT *HASSETT ON DIESEL: HOPEFUL TO HAVE NEWS ON THAT SOMETIME SOON

*EU AMBASSADORS TO MEET THIS AFTERNOON TO DISCUSS DIESEL MARKET

🚨Political Trade Alert🚨 Rep. David Taylor has released a new financial disclosure. Highlights: $AMGN Amgen $1k - $15k $HD Home Depot $2k - $15k Sold: $MPC Marathon Petroleum $2k - $30k

🚨Political Trade Alert🚨 Rep. Cleo Fields has released a new financial disclosure. Highlights: $MSFT Microsoft $2k - $30k $GOOG Google $1k - $15k $AAPL Apple $1k - $15k $NFLX Netflix $1k - $15k

$TSLA - *TESLA 3Q DELIVERIES 486,532, EST. 463,761 *TESLA 3Q OTHER MODELS DELIVERIES 7,004, EST. 9,759 *TESLA 3Q MODEL 3/Y PRODUCTION 457,387, EST. 481,279 *TESLA 3Q OTHER MODELS PRODUCTION 7,004, EST. 5,944 (2 EST.)

*TRUMP, MACRON SPOKE LAST NIGHT TO DISCUSS ENERGY SITUATION: NBC

TRUMP: SOUTH KOREA DEAL EXPANDS WITH $8.4 BILLION ENERGY PROJECT President Trump says the South Korea agreement now includes $8.4 billion for an enhanced oil recovery project. Trump says the investment will increase U.S. oil and gas production, strengthening domestic energy

CBOE VOLATILITY INDEX HITS ONE-WEEK LOW, LAST DOWN 0.79 POINTS AT 15.60

U.S. S&P 500 E-MINI FUTURES UP 0.9%, NASDAQ 100 FUTURES UP 1.2%, DOW FUTURES UP 0.9%

US SEPT. TWO-MONTH PAYROLL NET REVISION SUBTRACTS 60,000

U.S. PAYROLLS BADLY MISS EXPECTATIONS U.S. nonfarm payrolls rose just 29,000 in September vs. 84,000 expected, while the unemployment rate increased to 4.2% vs. 4.1% forecast. Private payrolls gained only 46,000, while government employment fell 17,000. Wage growth also cooled

US LABOR SEP NONFARM PAYROLLS +29K; CONSENSUS +84K

FRENCH 2-YEAR GOVERNMENT BOND YIELD EXTENDS RISE, LAST UP 13.8 BPS AT 3.8337%

PAKISTAN FOREIGN MINISTER: THERE SHOULDN’T BE ANY FEE OR CHARGES TO CROSS HORMUZ

IRGC REITERATES HARDLINE WARNING TO U.S. AND ISRAEL Iran’s Islamic Revolutionary Guard Corps says it remains prepared to respond “decisively, immediately, painfully and lethally” to any threat, aggression or potential miscalculation by the U.S. and its regional allies. The IRGC

GOLDMAN: U.S. DIESEL BAN COULD HIT LATIN AMERICA HARDEST Goldman Sachs estimates a sudden cutoff of U.S. diesel exports could reduce Latin American GDP by around 1%, although inventories and alternative suppliers would soften the impact. In the U.S., diesel prices could

*IRAN IRGC SAYS RESPONSE WOULD BE MORE LETHAL THAN PREVIOUS ONE *IRAN'S IRGC SAYS READY FOR RESPONSE TO ANY THREAT, ATTACK

FRENCH 10-YEAR GOVERNMENT BONDS HIT 4.989%, HIGHEST SINCE 2002: LSEG

📉 PRICE TARGET CUTS • $NKE: PT cut to $60 from $75 by Jefferies • $NKE: PT cut to $36 from $40 by Stifel • $NKE: PT cut to $24 from $30 by BofA Securities • $NKE: PT cut to $50 from $55 by BTIG • $NKE: PT cut to $30 from $38 by Goldman Sachs • $NKE: PT cut to $29 from $42

FRANCE'S MACRON TO CHAIR A VIDEOCONFERENCE OF G7 LEADERS TODAY AT 2:30 P.M. FOCUSED ON THE GLOBAL ENERGY SITUATION - ELYSEE

$NVDA - MORGAN STANLEY MAKES NVIDIA ITS TOP SEMICONDUCTOR PICK Morgan Stanley reinstated Nvidia as its top semiconductor pick, citing strong positioning and an attractive valuation. Nvidia trades at roughly 15x Morgan Stanley’s FY2028 earnings estimate, while earnings

*SAUDI HAS ABOUT 4.5M B/D PIPELINE FLOW AVAILABLE FOR EXPORT

*SAUDI ARABIA PUMPING CLOSE TO 6M B/D OIL ON EAST-WEST PIPELINE

OPEC+ OIL PRODUCTION CAPACITY ASSESSMENT EXERCISE IS DELAYED BECAUSE NOT ALL COUNTRIES HAVE SUBMITTED DATA, SOURCES SAY OPEC+ OIL CAPACITY ASSESSMENT EXERCISE IS EXPECTED TO BE COMPLETED BY MID-NOVEMBER, SOURCE SAYS

FRENCH BOND ROUT APPROACHES EURO DEBT-CRISIS LEVELS France’s 10-year yield spread over Germany widened to 152 basis points, reaching levels not seen since 2011 as fiscal and political concerns intensify. Candriam CIO Nicolas Forest says French debt is now trading near European

EU “FULLY REJECTS” POTENTIAL U.S. DIESEL EXPORT BAN The European Union says it “fully rejects” any potential U.S. ban on diesel exports, warning such a move would undermine trust in Washington as a reliable partner. At the same time, Brussels says it is prepared to participate

FRENCH-GERMAN BOND SPREAD WIDENS TO 150 BASIS POINTS France’s 10-year yield premium over Germany has widened to 1.5 percentage points, after already reaching its highest level since 2012. RBC BlueBay’s Mike Bell says the spread could reach 200 basis points in the coming months,

*GERMANY SAYS WATCHING DIESEL SUPPLY SITUATION CLOSELY

FRANCE FLOATS 100 MILLION-BARREL ENERGY RESERVE RELEASE France has proposed that EU countries release 50 million barrels of crude and 50 million barrels of diesel as Europe responds to U.S. pressure to boost fuel supplies. The proposal remains under technical review, while

FRENCH-GERMAN 10-YEAR GOVERNMENT BOND-YIELD SPREAD HITS 151.95, WIDEST SINCE NOV. 2011: LSEG DATA

🚨Insider Trade Alert🚨! Insider RUSCKOWSKI STEPHEN H has purchased 25,000 shares in $ORCL ORACLE CORP worth $3,483,800.00 $ORCL current value: $138.07 Market: NYSE

TRUMP: MAY ASK EUROPEAN COUNTRIES TO RELEASE DIESEL STOCKS

TRUMP: PRICES ARE “COMING DOWN RAPIDLY” President Trump says prices are “way down” from levels under the Biden administration and claims they are continuing to fall rapidly. Trump blamed Democrats for elevated prices and said Republicans are “fixing it.” The remarks are

*WRIGHT: WE'LL SEE LOWER GASOLINE, DIESEL PRICES COME ELECTION

IRAN OFFERS NUCLEAR INSPECTOR ACCESS FOR SANCTIONS RELIEF Iran has privately signaled it could restore nuclear inspectors’ access to bombed facilities in exchange for sanctions relief, Bloomberg reports. Foreign Minister Abbas Araghchi raised the proposal during UN meetings

IRAN OFFERS TO ALLOW NUCLEAR INSPECTORS IF SANCTIONS ARE EASED

US ENERGY SECRETARY CHRIS WRIGHT:ABSOLUTELY WE WILL ASK EUROPE TO RELEASE STRATEGIC DIESEL RESERVES - FOX NEWS

GOP WEIGHS DEBT-LIMIT HIKE BEFORE NEW CONGRESS Republican lawmakers are considering raising the U.S. debt ceiling during the post-election lame-duck session, potentially using budget reconciliation to avoid needing Democratic votes. House Budget Chair Jodey Arrington has

OIL FUTURES EXTEND GAINS , BRENT LAST UP 4.6%, WTI UP 2.8% AFTER CHINA SUSPENDS OIL EXPORTS

*TRUMP EXPECTS TO RESUME IRAN BOMBING BY END OF NOVEMBER: WSJ

*US SENDING THIRD AIRCRAFT CARRIER TO MIDDLE EAST: WSJ *US SENDING UP TO 10,000 MORE TROOPS TO MIDDLE EAST : WSJ

U.S. SENDS THIRD AIRCRAFT CARRIER TOWARD MIDDLE EAST The Pentagon is deploying another aircraft-carrier strike group and additional Marine ships to the Middle East, adding roughly 9,000–10,000 troops, according to the WSJ. The forces are expected to arrive by late November, as

FED’S KASHKARI OPEN-MINDED ON OCTOBER RATE HIKE Fed’s Neel Kashkari says he has “no strong view” on an October hike and remains open-minded on the pace of tightening. His September projections called for one more hike in 2026 and another in 2027. Kashkari said the economy has

FED LEADERS SIGNAL NO URGENCY FOR OCTOBER RATE HIKE Fed Vice Chair Philip Jefferson says officials “may take more time” before deciding on another rate increase, echoing NY Fed President John Williams. Their aligned message suggests Fed leadership favors a patient approach

*JEFFERSON SAYS FED MAY NEED ‘MORE TIME’ TO DECIDE ON NEXT MOVE *JEFFERSON: INFLATION RISKS ARE TILTED TO THE UPSIDE *JEFFERSON: NOT SEEING INFLATION SPILLOVERS FROM TARIFFS, ENERGY *JEFFERSON: EXPECT NEAR-TERM GROWTH TO REMAIN AT FIRST-HALF PACE *JEFFERSON: FED CAN’T

TWO-YEAR U.S. TREASURY YIELDS BRIEFLY HIT LOWEST LEVEL SINCE SEPTEMBER 22, LAST DOWN 12.68 BASIS POINTS AT 4.76%

FED'S JEFFERSON SAYS US CENTRAL BANK 'MAY TAKE MORE TIME' TO DECIDE NEXT RATE MOVE

FED'S JEFFERSON HINTS AT HOLDING RATES IN OCTOBER

FED’S JEFFERSON SIGNALS PATIENCE ON NEXT RATE MOVE Fed Vice Chair Jefferson says the Fed “may take more time” before its next rate decision, with future moves driven by incoming data. He said inflation remains above target with upside risks, while the economy and labor market

*ANTHROPIC SAID TO TARGET MEGA-IPO BEFORE THANKSGIVING HOLIDAY

EURO EXTENDS LOSES AGAINST US DOLLAR, LAST DOWN 1% AT $1.12165

CALIFORNIA ATTORNEY GENERAL: SERVES INVESTIGATIVE SUBPOENA ON OPENAI OVER CYBERSECURITY INCIDENTS - WEBSITE CALIFORNIA AG: “MY OFFICE IS ASKING OPENAI ADDITIONAL QUESTIONS REGARDING CYBERSECURITY INCIDENTS AND RISKS INVOLVING THE COMPANY AND ITS AI MODELS”

PUTIN: SOME EUROPEAN COUNTRIES, INCLUDING GERMANY, SEIZE RUSSIAN ASSETS PUTIN: WE ARE RESPONDING IN KIND

HOUTHI-RUN SABA NEWS AGENCY, CITING MILITARY SOURCE, DENIES GROUP ATTACKED POWER STATION IN SAUDI ARABIA'S MEDINA

*PUTIN: RUSSIA READY TO RESUME DIALOG WITH US ON ARMS CONTROL

*PUTIN SAYS HE OPEN TO TRILATERAL TALKS WITH US, CHINA

*TRUMP ON IRAN: NOW I HAVE TO MAKE A DECISION *TRUMP: EITHER IRAN SIGNS DEAL, OR IT WON'T EXIST ANY LONGER

TRUMP: INTEREST RATES CAN SLOW DOWN GROWTH. WE WANT GROWTH — AND GROWTH DOES NOT CAUSE INFLATION

BOFA STOCK SENTIMENT NEARS “SELL” SIGNAL Bank of America’s Sell Side Indicator rose to 57.2% in September, its highest since March 2022 and just 0.3 percentage points below BofA’s “sell” threshold. The contrarian indicator tracks Wall Street strategists’ recommended equity

US ISSUES NEW IRAN-RELATED SANCTIONS -US TREASURY WEBSITE US TARGETS IRAN'S RAIL AND AUTOMOBILE CONGLOMERATES IN LATEST SANCTIONS THAT AIM TO ISOLATE TEHRAN ECONOMICALLY, TREASURY DEPARTMENT SAYS

PUTIN: RUSSIA'S PROPOSALS TO DELIVER ENRICHED URANIUM FROM IRAN TO RUSSIA ARE STILL VALID

PUTIN: SAYS "NO" TO PROPOSALS TO HALT STRIKES IN BLACK SEA

PUTIN: RUSSIAN DIESEL WILL NOT GET TO GLOBAL MARKETS AS THERE ARE SANCTIONS AGAINST RUSSIAN OIL

OPENAI PARTS WAYS WITH THREE SAFETY RESEARCHERS OpenAI has parted ways with three safety researchers for allegedly sharing confidential company information with a third-party AI-safety organization, according to the WSJ. OpenAI said an internal investigation found the

OPENAI PARTS WAYS WITH THREE RESEARCHERS FOR ALLEGEDLY SHARING CONFIDENTIAL INFORMATION WITH THIRD-PARTY AI-SAFETY ORGANIZATION, SOURCES SAY

VENEZUELA OIL EXPORTS FALL, U.S. SHIPMENTS RISE Venezuela’s oil exports fell to 1.08 million bpd in September, while shipments to the U.S. increased to 629,000 bpd. Exports to India fell to 253,000 bpd and Europe to 86,000 bpd. Chevron’s Venezuelan crude exports were nearly

EU TRADE CHIEF SEFCOVIC SAYS HE DISCUSSED HIGH DIESEL PRICES WITH USTR GREER, EXPRESSED EUROPE'S DESIRE FOR COORDINATED APPROACH

PUTIN: WESTERN INTELLIGENCE ASSISTANCE TO UKRAINE TO STRIKE DEEP INTO RUSSIA REPRESENTS A THREAT FOR THE FUTURE

PUTIN: WE ARE NOT THREATENING ANYONE AND WE DO NOT PLAN TO ATTACK ANY EUROPEAN COUNTRIES, NOT IN 2030, NOT IN 2050

PUTIN: WE ARE NOT GOING TO ATTACK ANYONE, BUT WILL RESPOND IF WE FACE AGGRESSION

PUTIN: IF THREAT EMERGES TO RUSSIAN EXCLAVE OF KALININGRAD WE WILL CONSIDER USING ALL WEAPONS IN OUR ARSENAL

PUTIN ON THREATS OVER KALININGRAD: WE DO NOT SCARE ANYONE PUTIN: MILITARY DRILLS, ARRESTS OF RUSSIAN VESSELS IS AN ESCALATION PUTIN: EMERGENCE ON THE AGENDA OF USAGE OF ALL AVAILABLE MEANS WILL BE UNAVOIDABLE

CITADEL’S RUBNER: Q4 IS THE “RELOAD” Citadel Securities’ Scott Rubner expects retail investors to return to U.S. stocks in October after trading activity cooled sharply in September. He says lower positioning, cheaper valuations, returning corporate buybacks and earnings season

EU ENERGY UNION TASKFORCE TO MEET FRIDAY TO DISCUSS POTENTIAL DIESEL STOCK RELEASES, TWO EU DIPLOMATS SAY

TRUMP: DISCUSSED RELEASE OF POLITICAL PRISONERS WITH CHINA'S XI

U.S. TREASURY YIELDS EXTEND GAINS; YIELD ON 10-YEAR TREASURY NOTE LAST UP 4.72 BASIS POINTS AT 5.34% TWO-YEAR U.S. TREASURY YIELDS, LAST FLAT AT 4.883%

FRENCH 5-YEAR CDS WIDEN FURTHER TO 73.05 BPS, HIGHEST SINCE JULY 2013

US SEP FINAL MANUF PMI 55.9 (57.0 FLASH, 53.9 AUG)

FED'S COLLINS: WON'T GET AHEAD OF THE NEXT MEETING

🚨Insider Trade Alert🚨! Insider BERKSHIRE HATHAWAY INC has purchased 660,410 shares in $LEN LENNAR CORP /NEW/ worth $53,882,588.06 $LEN current value: $81.59 Market: NYSE

FRENCH 5-YEAR CREDIT DEFAULT SWAPS CLIMB TO MULTI-YEAR HIGH OF 72BPS, S&P GLOBAL MARKET INTELLIGENCE

TRUMP CONSIDERS PREEMPTIVE PARDONS President Trump says he would consider preemptively pardoning members of his administration before leaving office, potentially protecting them from future federal prosecution. Asked by Time whether he would issue such pardons, Trump said:

IRAN SAYS IT WILL CONTINUE SEEKING DIALOGUE WITH U.S. Iranian President Masoud Pezeshkian says Tehran will continue pursuing dialogue with Washington despite previous attacks during negotiations, according to Tasnim. His comments come as Qatar mediates indirect talks aimed at

US JOBLESS CLAIMS -1K TO 197K IN SEP-26 WK; SURVEY 200K US SEP-19 WEEK CONTINUING CLAIMS -11K TO 1,701,000 US SEP-19 WEEK JOBLESS CLAIMS REVISED TO 198K

GERMAN ECONOMY MINISTRY ON DIESEL RESERVES: AT THIS TIME, NO NEW REQUIREMENTS FROM IEA

EUROPE HOLDS EMERGENCY TALKS ON DIESEL RESERVES European nations are holding emergency talks over releasing strategic fuel reserves after pressure from Washington to boost supply. The U.S. has already approved another 40 million barrels from its Strategic Petroleum Reserve.

FED’S KASHKARI: U.S. ECONOMY KEEPS SURPRISING WITH ITS RESILIENCE Fed’s Neel Kashkari says consumer spending remains strong and the labor market is broadly healthy, with economic resilience continuing to surprise him. He said further rate hikes would put uneven pressure across

TRUMP SAYS RENEWED IRAN BOMBING ‘POSSIBLE’ AFTER MIDTERMS President Trump says ramping up military strikes against Iran after the November midterms is “possible,” as the war enters its eighth month. Trump also downplayed concerns over depleted U.S. munitions, saying America

$AAPL - MORGAN STANLEY SEES APPLE ENTERING MAJOR PRODUCT CYCLE Morgan Stanley cut its Apple price target to $355 from $360, while maintaining an Overweight rating. The bank says Apple’s next 2+ years of innovation under new CEO John Ternus could be among its most consequential

TRUMP SAYS AI INDUSTRY ‘BIGGER’ THAN INTERNET, INDUSTRIAL REVOLUTION: TIME

TRUMP SAYS HE MAY RAMP UP IRAN BOMBING AFTER MIDTERMS IF NO DEAL: TIME TRUMP SAYS SOME U.S. AMMUNITION STOCKS ‘A LITTLE BIT LOWER’: TIME TRUMP SAYS RAYTHEON, LOCKHEED EXPANDING PATRIOT, THAAD CAPACITY: TIME U.S. MILITARY FIRED MORE THAN 1,200 PATRIOT INTERCEPTORS: TIME

FED'S KASHKARI: ECONOMY KEEPS SURPRISING ME HOW RESILIENT IT IS

CITI RAISES BITCOIN TARGET TO $113,000 Citi has raised its 12-month Bitcoin target to $113,000 from $82,000, implying roughly 35% upside from current levels near $83,900. The bank points to renewed currency-debasement fears, greater regulatory clarity and continued adoption of

*TRUMP TO TIME: WE'LL SOON BE FILLING UP STRATEGIC OIL RESERVE

TOTALENERGIES TO INVEST $10 BILLION IN ARGENTINA, CEO POUYANNE SAYS

*TRUMP SAYS HE 'DOESN'T BLAME KEVIN' ON INTEREST RATES: TIME

TRUMP TO TIME: SOME FORMS OF AMMUNITION ARE A LITTLE BIT LOWER

*TRUMP SEES RAMPING UP BOMBING IRAN AFTER MIDTERMS POSSIBLE:TIME

EU COORDINATES POSSIBLE ENERGY RESERVE RELEASE WITH U.S. The European Commission says it is in high-level talks with the U.S. administration over the global oil market and potential emergency stock releases. Brussels is coordinating EU member states’ positions through the IEA,

HSBC: INVESTORS ROTATING OUT OF FRANCE INTO UK HSBC says European equity funds are shifting capital from France toward the UK, as concerns over France’s fiscal outlook intensify. The bank recently cut France to Underweight, citing worsening public finances, weaker growth

*EU IN CONTACT WITH MEMBER STATES ON EMERGENCY DIESEL STOCKS

EURO SLIDE CONTINUES; LAST DOWN 0.55% AT $1.127

$AVGO - BROADCOM TO LEND UP TO $42 BILLION TO ANTHROPIC FOR INFRASTRUCTURE LEASE AGREEMENTS, ACCORDING TO IPO PROSPECTUS

🚨Insider Trade Alert🚨! Insider ORBIMED ADVISORS LLC has purchased 950,000 shares in $ADRX ADARx Pharmaceuticals, Inc. worth $16,150,000.00 $ADRX current value: $19.94 Market: NASDAQ

SOUTH KOREA INDUSTRY MINISTER SAYS US HAS INDICATED TARIFF RATE ON SOUTH KOREA WOULD BE KEPT AT 15% LEVEL - YONHAP

*TRUMP ASKED ABOUT POWELL, WARSH: WARSH WILL DO HIS OWN THING

*TRUMP: INFLATION NUMBERS ARE WAY DOWN OTHER THAN FOR OIL

MUSK RETURNS TO PENTAGON ROLE FOR FUTURE WARFARE STUDY Elon Musk, Palmer Luckey and Newt Gingrich will lead “Project Meridian,” a Pentagon study examining the future of warfare, Defense Secretary Pete Hegseth announced. The group will focus on future weapons, technologies and

GRINDR $GRND AGREES TO BUY PURPOSEMED, PARENT OF HIV PREVENTION TELEHEALTH SERVICE FREDDIE, FOR $250M The deal may include up to $70M in additional cash and is expected to close in Q4 2026, per the company. Grindr expects an immaterial impact on its 2026 financials.

U.S. 10-YEAR SUFFERS WORST QUARTER SINCE 1994 The 10-year Treasury yield ended Q3 at 5.29%, surging 87 basis points — its largest quarterly increase in more than three decades. The move has been driven largely by real yields approaching 3%, as markets dramatically repriced the

CBS NEWS PARTNERS WITH KALSHI CBS News is partnering with Kalshi to integrate prediction-market data into its 2026 midterm coverage. CBS joins CNN, Fox News and NBC News in highlighting prediction markets as part of their coverage

TAKE-TWO $TTWO ENTERS NEW LONG-TERM XBOX PUBLISHER LICENSE AGREEMENT WITH MICROSOFT $MSFT The agreement grants Take-Two rights to develop and sell Xbox-compatible products and supersedes all existing Xbox publisher license agreements between the two, per an SEC filing. -

MICRON $MU Q4 REVENUE $54.229B VS $51.069B EST, GUIDES Q1 TO $61.5B - Revenue: $54.229B vs $51.069B est, beat - Adj EPS: $33.42 vs $31.60 est, beat - EPS: $32.87 - Net income: $37.701B - Adj net income: $38.398B Q1 guidance: - Revenue: $61.5B vs $57.024B est - Adj EPS: $38.15

GOOGLE $GOOGL ANNOUNCES GEMINI 4 ARGON, TRAINED TO BE HIGHLY CAPABLE AT CYBERSECURITY DEFENSE The company says it will release Argon without cyber guardrails to trusted defenders and its own internal teams, and is expanding the model's output token limit to 1M tokens. Google

CONSTELLATION $CEG AND AMAZON $AMZN SIGN 20-YEAR POWER PURCHASE AGREEMENT ADDING 190MW OF NUCLEAR CAPACITY AT CALVERT CLIFFS

FED’S COOK: INFLATION HAS BEEN TOO HIGH FOR TOO LONG Fed Governor Lisa Cook says she remains committed to bringing inflation back to target while preserving labor-market strength. Cook did not comment directly on today’s softer inflation data or the October rate decision. Her

PENTAGON TO CREATE NEW DRONE WARFARE GROUP Defense Secretary Pete Hegseth is establishing a permanent Pentagon organization for drones, autonomous systems and defense robotics, according to Sen. Tim Sheehy. The Pentagon is seeking $54.6 billion for its Defense Autonomous

TRUMP SET TO UNVEIL $200 BILLION SOUTH KOREAN INVESTMENT President Trump is expected to announce $200 billion in South Korean investment in U.S. energy projects, including eight nuclear power plants, a Texas power facility and Alaska LNG. The package represents the first

RONALDO CONFIRMS HE HAS LEFT PORTUGAL'S NATIONAL TEAM CAMP ON THE EVE OF ITS MATCH WITH DENMARK $SPY lol

*OPENAI CEO SAM ALTMAN TO SKIP CONGRESS HEARING ON AI: NBC

SYRIA SAYS THREE POWER PLANTS GONE OUT OF SERVICE AFTER GAS PIPELINE EXPLOSION -STATE NEWS AGENCY

*BIGGEST US GRID SUSPENDS PLAN FOR NEW DATA CENTER POWER AUCTION

WHITE HOUSE SAYS S. KOREA TO INVEST IN US ENERGY

*WHITE HOUSE: SOUTH KOREA PLANS TO INVEST BILLIONS

SENATORS WILL DELAY ATTEMPT TO WIN APPROVAL OF PERMANENT CHINESE CAR BAN UNTIL NOVEMBE, - AIDES

SYCAMORE PARTNERS IN TALKS TO SELL U.K. PHARMACY CHAIN BOOTS, SOURCES SAY SYCAMORE PARTNERS IN TALKS TO SELL U.K. PHARMACY CHAIN BOOTS, SOURCES SAY CANADIAN ARM OF WESTON FAMILY IN TALKS TO BUY BOOTS FOR CLOSE TO $9 BILLION, SOURCES SAY SYCAMORE BOUGHT WALGREENS FOR $24

SYNOPSYS $SNPS AND OPENAI SIGN MULTI-YEAR AGREEMENT TO DEVELOP GPT-SYNOPSYS FOR CHIP DESIGN OpenAI will license Synopsys' electronic design automation tools to develop the specialized model, per the company. The agreement includes revenue sharing and a global go-to-market for

$SNPS - OPENAI AND SYNOPSYS ANNOUNCE GPT-SYNOPSYS: FRONTIER INTELLIGENCE TO REVOLUTIONIZE CHIP DESIGN

FEDERATED HERMES: DON’T RUSH INTO BONDS YET Treasury yields are at some of their highest levels in a generation, but Federated Hermes CIO R.J. Gallo says elevated rate volatility means it may be too early to buy aggressively. He warns another wave of bond-fund selling could

ITALY PROLONGS UNTIL MID-OCTOBER SUSPENSION OF EU'S SCHENGEN FREE BORDER AGREEMENT WITH SPAIN - STATEMENT

SPACEXAI CONSIDERS $100 GROK “ULTRA” SUBSCRIPTION Elon Musk’s SpaceXAI is considering a four-tier subscription model combining Grok and X, Bloomberg reports. Plans reportedly range from a free tier to a $100-per-month “Ultra” package, which would include access to the Grok Bot

*TRUMP: HISTORIC FLOWS OF OIL OUT OF HORMUZ IN LAST 3 DAYS

*TRUMP ON IRAN: YOU WILL SEE THINGS HAPPENING VERY SOON

ANTHROPIC: CLAUDE FOR GOVERNMENT IS NOW GENERALLY AVAILABLE

U.S. 10-YEAR YIELD HITS 24-YEAR HIGH The 10-year Treasury yield surged to 5.304%, surpassing its 2007 peak and reaching the highest level since May 2002. Persistent energy-driven inflation concerns and stronger U.S. economic data are fueling the bond selloff. Analysts also

U.S. 10-YEAR TREASURY YIELD TOUCHES 5.304%, HIGHEST SINCE MAY 2002

LEGISLATION TO CAP ELECTRICITY BILL HIKES TIED TO DATA CENTERS FAILS TO GAIN ENOUGH VOTES TO ADVANCE IN US SENATE; VOTING CONTINUES

TRUMP ON TRUTH SOCIAL: I AM PLEASED TO ANNOUNCE, THE LAST AMERICAN FORCES ARE LEAVING IRAQ

TRUMP: WE LEAVE IRAQ WITH A WONDERFUL NEW PRIME MINISTER

GOLDMAN PUSHES NEXT FED HIKE TO DECEMBER Goldman Sachs now says an October Fed hike is unlikely, pushing its forecast for the next increase to December after softer inflation data. Core PCE fell to 3.01% YoY, well below expectations, with Goldman now forecasting 3.0% Q4/Q4 core

*FED WATCHDOG FINDS NO CRIMINAL VIOLATIONS IN RENOVATION PROJECT

ECB'S LAGARDE TELLS LA CROIX IF I LEAVE ECB EARLY, "IT WILL ONLY BE BY A FEW MONTHS"

ECB'S LAGARDE, ASKED BY LA CROIX NEWSPAPER IF SHE WOULD BE A FRENCH PRESIDENTIAL CANDIDATE, SAYS 'THAT WOULD NOT BE A GOOD IDEA AT ALL'

ECB'S LAGARDE TELLS LA CROIX NEWSPAPER FRANCE'S DEBT SITUATION IS SERIOUS AT 120% OF GDP AND WITHOUT A PATH TO LOWERING

U.S. DIESEL FUTURES EXTEND GAINS, UP 4.5%, AFTER EIA STORAGE REPORT

$LLY - ELI LILLY’S NEW OBESITY DRUG DELIVERS 23.3% WEIGHT LOSS Eli Lilly’s experimental drug eloralintide, combined with Zepbound, delivered 23.3% average weight loss over roughly 11 months, compared with 14.8% for Zepbound alone in patients with Type 2 diabetes. However,

ELI LILLY $LLY SAYS ELORATZP DELIVERED UP TO 23.3% WEIGHT LOSS VS 14.8% FOR TIRZEPATIDE IN OBESITY AND TYPE 2 DIABETES The combination of eloralintide and tirzepatide met all primary and secondary endpoints at 48 weeks across all doses, per the company. - Weight loss: up to an

U.S. INFLATION BREADTH SHOWS SIGNS OF COOLING Despite softer core PCE revisions, 51% of the PCE basket is still rising at 3% or more annually, little changed from recent months. However, the share experiencing inflation above 3% on a six-month annualized basis fell to 44% in

MEXICO GROWS CONFIDENT ON US DEAL TO CUT STEEL, AUTO TARIFFS

FTC LAUNCHES INDUSTRY-WIDE AI PROBE AFTER HUGGING FACE INCIDENT The U.S. Federal Trade Commission is conducting an industry-wide AI investigation following the Hugging Face incident, according to a source. The FTC reportedly plans to issue civil investigative demands to OpenAI,

*TRUMP ANNOUNCING TODAY SOUTH KOREA'S $200B INVESTMENT IN US *TRUMP TO ANNOUNCE 8 NUCLEAR POWER PLANTS FUNDED BY S.KOREA

*US SEPT. MNI CHICAGO REPORT BUSINESS INDEX AT 58.8; EST 51.0

MIDDLE EAST CRUDE EXPORTS RECOVER TO PREWAR LEVELS Middle East crude exports have rebounded to 98% of prewar levels, reaching roughly 17.5 million barrels per day, according to JPMorgan. Producers are increasingly bypassing Hormuz through alternative pipelines, ports and

FRENCH 10Y YIELD PREMIUM OVER GERMANY CLIMBS 5BPS TO 124BPS

U.S. S&P 500 E-MINI FUTURES UP 0.3%, NASDAQ 100 FUTURES UP 0.29%, DOW FUTURES UP 0.26%

*MACRON SAYS `WELCOME BACK' IF UK WANTS TO REJOIN EU

FRANCE’S MACRON: IF THE BRITISH PM WANTS BRITAIN TO RETURN TO THE EU THAT WOULD BE EXCELLENT NEWS AND A GOOD DECISION

U.S. CORE PCE FALLS BELOW EVERY ANALYST FORECAST August core PCE came in at 3.0% YoY vs. 3.3% expected, below the entire range of 51 Bloomberg analyst forecasts (3.1%–3.5%). The surprise was driven primarily by larger-than-expected downward revisions to previous months, rather

SHORT-TERM TRADERS TRIM BETS ON RATE HIKES AFTER ECONOMIC DATA

SPOT GOLD EXTENDS GAINS AFTER US PCE DATA, LAST UP 0.6% AT $4,206.29/OZ

US FINAL Q2 GDP +2.2% (CONSENSUS +1.5%) US FINAL Q2 PCE PRICE INDEX +5.0% US FINAL Q2 CORE PCE +3.3% (CONSENSUS +3.6%)

GERMANY SEP FLASH HICP 0.6% M/M (0.2% AUG) GERMANY SEP FLASH HICP 3.3% Y/Y (2.9% AUG) GERMANY SEP FLASH NATIONAL CPI 0.6% M/M (0.2% AUG) GERMANY SEP FLASH NATIONAL CPI 3.3% Y/Y (2.9% AUG)

U.S. TREASURIES END A BRUTAL QUARTER The U.S. bond market is closing Q3 after a relentless selloff, with 10- and 30-year Treasury yields reaching multidecade highs. According to WSJ/Dow Jones Market Data: 🔸10-year: +85 bps, biggest quarterly rise since 2016. 🔸2-year: +75

*EXPLOSION HEARD IN IRAN'S ZAHEDAN: FARS

*BURNHAM: COULD GO ALL THE WAY AND REJOIN EU

GOLDMAN: U.S. PENSION FUNDS SET TO SELL $33 BILLION IN STOCKS Goldman Sachs estimates $33 billion in U.S. pension fund equity selling around September month-end, a flow ranking in the 98th percentile since 2000. Meanwhile, systematic CTAs could provide an offset, buying $11.5

GOLDMAN: GULF OIL EXPORTS FULLY RECOVER TO 2025 LEVELS Persian Gulf oil exports have doubled in September, reaching 23.3 million barrels per day, according to Goldman Sachs. Crude shipments have recovered to 108% of their 2025 average, but key refined products, including diesel

U.S. MORTGAGE RATES SURGE TO 7.30% The average 30-year fixed mortgage contract rate climbed to 7.30%, up 18 basis points in one week and 84 basis points year-over-year, according to the MBA. The 15-year fixed rate rose to 6.56%, while the 5-year adjustable rate jumped 37 basis

*US 30-YR FIXED MORTGAGE SURGES TO 7.3%, HIGHEST SINCE NOV. 2023

UBS: HIGHER INTEREST RATES COULD BENEFIT HEDGE FUNDS UBS says the current environment of elevated interest rates could support hedge fund performance, citing historical resilience during monetary tightening. Hedge funds have generated positive cumulative returns during every

ARTHUR HAYES SEES BITCOIN AT $1 MILLION BY 2030 Maelstrom CIO Arthur Hayes predicts Bitcoin could reach $1 million by 2030, with its strongest rally in late 2027 or early 2028. His thesis: an AI infrastructure bubble bursts as data-center revenues fail to justify massive

BITCOIN PRICE COULD REACH $1 MILLION PER COIN BY 2030, MAELSTROM CIO SAYS MAELSTROM CIO HAYES EXPECTS EXPLOSIVE BITCOIN RALLY IN LATE 2027, EARLY 2028 HAYES SEES AI-INVESTMENT BUST TRIGGERING TRILLIONS OF DOLLARS IN BAILOUTS

ROBINHOOD $HOOD TO LET CUSTOMERS TRADE SELECT US EQUITIES 24/7, INCLUDING WEEKENDS - Robinhood Agents and Agent Apps coming soon to eligible US customers - Perpetual futures trading inside the app for eligible US customers in the coming months - New earnings contracts in its

BOEING $BA WINS THE US NAVY'S NEXT-GENERATION FIGHTER CONTRACT, VALUED AT MORE THAN $20B Per the Pentagon. Boeing also won the Air Force's next-generation fighter program, the F-47, in March 2025.

TESLA $TSLA ENTERS $30B IN NEW CREDIT FACILITIES - $20B three-year delayed draw term loan, maturing September 29, 2029 - $8B five-year revolving facility, allowing letters of credit up to $500M - $2B 364-day revolving facility The company may increase the revolving facilities

$TSLA - TESLA SECURES $30 BILLION IN NEW CREDIT FACILITIES Tesla has entered into $30 billion of new financing facilities, according to an SEC filing. The package includes a $20 billion three-year delayed-draw term loan, an $8 billion five-year revolving facility, and a $2

MUSK: MOST LIKELY OUTCOME OF AI IS INCREDIBLY BENEFICIAL

TRUMP: PEOPLE IN AREAS WHERE DATA CENTERS BUILT WILL GREATLY BENEFIT FINANCIALLY

TRUMP: DISCUSSED WITH AI LEADERS WHERE TO PUT DATA CENTERS

AI CEOS DESCRIBE COMMITMENTS AFTER WHITE HOUSE MEETING - Meta's $META Mark Zuckerberg: commitments were made around building controls and detecting issues with the technology - Anthropic's Dario Amodei: the technology has very real risks, and how to address them is still under

WORKDAY CUTS 2.5% OF WORKFORCE Workday is cutting about 2.5% of its workforce, primarily within its product and technology team, while reducing some office space. The restructuring will generate $65–80 million in charges, but Workday reiterated its Q3 and full-year fiscal 2027

WORKDAY $WDAY CUTS ABOUT 2.5% OF ITS WORKFORCE, REITERATES GUIDANCE The company estimates reorganization charges of $65-80M, per an SEC filing, and reiterates its fiscal 2027 Q3 and full-year financial guidance.

ANTHROPIC'S AMODEI: TECHNOLOGY HAS VERY REAL RISKS, STILL UNDER DISCUSSION HOW TO ADDRESS THE RISKS

SALESFORCE $CRM SIGNS DEFINITIVE AGREEMENT TO ACQUIRE LISTEN LABS The transaction is expected to close in the fourth quarter of Salesforce's fiscal 2027, per the company. Listen Labs uses voice AI to conduct customer research interviews. It had signed a term sheet for a $125M

TRUMP: WILL BE NAMING AI CZAR IN NEXT THREE OR FOUR DAYS

TRUMP: NORTH KOREA'S KIM WILL BE FINE AS LONG AS I AM AROUND

TRUMP: IRAN DOING VERY POORLY, DON'T KNOW IF THEY ARE GOING TO GIVE UP YET

TRUMP, ASKED IF AI GUARDRAILS UNNECESSARY, SAYS YES TRUMP: THINKING ABOUT COMMITTEE OF 10 PEOPLE TO WATCH OVER AI TRUMP: I BELIEVE AI MODELS WILL BE USED FOR GOOD TRUMP: AI FIRMS KNOW THEY NEED TO SELF-POLICE

NVIDIA'S HUANG: WE'RE GOING TO ADVANCE THIS RESPONSIBLY AND SAFELY

NVIDIA'S HUANG: THERE IS NO CONFLICT BETWEEN INNOVATION, TECHNOLOGY AND SAFETY

*TRUMP ON AI REGULATION: REITERATES US HAS FBI, CIA, DOJ

TRUMP: THINK WE ARE SEEING TREMENDOUS SELF-POLICING, AI LEADERS UNDERSTAND THAT TRUMP: WE ARE THKING OF CREATING COMMITTEE TO WATCH OVER

TRUMP ON MEETING WITH AI LEADERS: SIGNED AI DOCUMENT THAT IS A FORM OF PROTECTION

*OPEC+ LIKELY TO STICK WITH PLAN FOR STEADY QUOTAS: DELEGATES

*SUPREME COURT LETS TRUMP’S THIRD-COUNTRY DEPORTATIONS RESUME

EURO HITS 16-MONTH LOW AGAINST US DOLLAR, LAST DOWN 0.26% AT $1.13415

LUCID $LCID INTRODUCES AIR UX 3.0 SOFTWARE UPDATE FOR LUCID AIR OWNERS The update will be delivered over the air beginning today, per the company.

OPENAI SEEKS $30 BILLION AT $1.4 TRILLION VALUATION OpenAI is targeting at least $30 billion in new funding at a roughly $1.4 trillion valuation, Bloomberg reports, after postponing its IPO plans. The financing would serve as a bridge round, following OpenAI’s $122 billion

NETAPP $NTAP ANNOUNCES PARTNERSHIPS WITH SUPERMICRO, ORACLE, AND SAP - Super Micro $SMCI: collaborating on AI infrastructure - Oracle $ORCL: launching a fully managed cloud storage service for AI and enterprise workloads - SAP $SAP: expanding its partnership to support SAP cloud

FED'S BARR: I SEE US NOT GETTING TO 2% INFLATION TARGET IN A TIMELY WAY UNLESS WE ADJUST OUR POLICY

WHITE HOUSE EYES EUROPE’S DIESEL RESERVES The Trump administration is considering asking European governments to release diesel from strategic reserves as it searches for alternatives to a U.S. export ban. Europe reportedly holds more than 350 million barrels across government

OPENAI UNVEILS "DOTS," ALWAYS-ON AUTONOMOUS AGENTS ACROSS PAID TIERS The company says ChatGPT now reaches 1.2B users worldwide, and 35M people build with ChatGPT Work and Codex every week. Enterprise: - Partnering with Amazon Web Services $AMZN to run managed agents on AWS

*US LOOKING TO EUROPE TO RELEASE DIESEL FROM RESERVES: POLITICO

OPENAI:INTRODUCING GPT‑6.1 SOL

$META moving off OpenAI Dev Day

OPENAI REPORTEDLY IGNORED INTERNAL SECURITY WARNINGS OpenAI employees warned executives that advanced AI models were not being adequately monitored during safety testing, but were reportedly overruled as the company prioritized release timelines, according to the New York Times.

BITCOIN TRADERS PILE INTO $90K+ CALLS Bitcoin is trading around $83,238, but options traders are increasingly positioning for a move above $90,000, with $95,000 and $100,000 also popular strikes. Institutional flows are improving too: Bitcoin ETFs have recorded eight

LUNDBECK REPORTEDLY EXPRESSES INTEREST IN BUYING XERIS BIOPHARMA $XERS, PER BLOOMBERG

TRUMP ADMINISTRATION SAYS SEVERAL EU MEMBER COUNTRIES HAVE NOT RELEASED AS MUCH OIL AND REFINED PRODUCTS FROM RESERVES AS THEY PROMISED

FED’S BARR SEES MORE RATE HIKES AHEAD Fed Governor Michael Barr says further policy adjustments are likely needed, warning that inflation risks have increased while labor-market risks have receded. Barr expects U.S. growth to accelerate from the 2% first-half pace, with AI

$DIS - DISNEY CUTS HUNDREDS MORE JOBS Disney is laying off several hundred employees, primarily across HR and IT, marking its third round of job cuts this year under CEO Josh D’Amaro. The latest reductions follow roughly 1,000 layoffs in April and several hundred more in July

*WHITE HOUSE URGED THE EU TO DRAW DOWN DIESEL INVENTORIES

WHITE HOUSE HAS URGED EUROPEAN UNION TO DRAW DOWN DIESEL EMERGENCY INVENTORIES IN BID TO LOWER GLOBAL PRICES- SOURCES

ALTMAN: AI HAS MORE OF A SCIENCE PROBLEM THAN ENGINEERING ALTMAN: NVIDIA SECURITY SYSTEM NOT 'A FULL SOLUTION'

U.S.-CHINA TARIFF DEAL LEAVES LNG OUT The latest U.S.-China tariff agreement does not include LNG, leaving JKM and TTF pricing largely unaffected, according to Platts. The newly created U.S.-China Board of Trade could eventually expand negotiations to commodities, potentially

FRANCE FACES RECORD €340 BILLION BORROWING WAVE France plans to issue €340 billion of medium- and long-term debt in 2027, as its total borrowing requirement reaches €339.7 billion. A record €189.2 billion of debt redemptions will add to refinancing pressure. The AFT sees

*ECB'S DEMARCO: STRONGER CORE INFLATION COULD BE GROUNDS TO ACT

*US OFFERS UP TO 40 MILLION BARRELS FROM STRATEGIC OIL RESERVE

BARCLAYS: U.S. 30-YEAR YIELD COULD HIT 6% Barclays says the 30-year Treasury yield could reach 6% if the AI investment boom produces a sustained acceleration in U.S. productivity. Stronger productivity could keep the economy growing faster and force markets to raise long-run

U.S. 30-YEAR TREASURY YIELD TOUCHES 5.612%, HIGHEST SINCE JUNE 2002

OPENAI ADDS MORE CONSUMER REVENUE IN Q3 THAN IN ALL OF LAST YEAR - SOURCE

OPENAI B2B REVENUE GROWS MORE THAN 100% IN Q3 - SOURCE

OPENAI ANNUALIZED REVENUE RUN RATE GROWS MORE THAN 70% IN Q3, NEARLY $70 BLN - SOURCE FAMILIAR WITH MATTER

HOMELAND SECURITY MONEY FINANCED PRO-TRUMP TV ADS, SOURCES SAY

EU OIL COORDINATION GROUP MET ON TUESDAY, CONFIRMED SUPPLY STABLE DESPITE HIGH DIESEL AND JET FUEL PRICES EU SAYS BLOC'S OIL REFINERIES ARE RUNNING AT NEAR-MAXIMUM CAPACITY, RESPONDING WELL TO MARKET SIGNALS

U.S. 30-YEAR YIELD NEARS HIGHEST SINCE 2002 The U.S. 30-year Treasury yield climbed to 5.58%, within 1 basis point of its highest level since 2002, extending its rise for a sixth straight session. The 10-year yield reached 5.24%, its highest since 2007. High oil prices,

WELLS FARGO RAISES 2027 OIL TARGETS Wells Fargo raised its 2027 WTI target to $75-$85 and Brent to $80-$90 per barrel, citing persistent supply risks and the need to rebuild depleted inventories. The firm expects oil prices to ease from recent highs but remain elevated through

*TRUMP: IRAN IS FAILING VERY BADLY, WILL BE OVER W/ VERY SOON

*TRUMP: OIL PRICES WILL TUMBLE DOWN

TRUMP: IRAN WAR WILL BE OVER WITH VERY VERY SOON

IRAN WARNS OF PREEMPTIVE STRIKES Iran’s army says it could launch a preemptive strike if it concludes an enemy attack is imminent.

USER REPORTS SHOW PROBLEMS WITH CLAUDE - DOWNDETECTOR

OPENAI ANNUAL REVENUE RUN RATE NEARS $70 BILLION OpenAI’s annualized revenue run rate is approaching $70 billion, up more than 70% since the start of Q3, according to Axios. Enterprise revenue has more than doubled since July, as OpenAI gains ground in business AI adoption.

OPENAI'S ANNUAL RECURRING REVENUE NEARS $70B - AXIOS

$SPCX - TD COWEN STARTS SPACEX AT BUY, SEES AI BOOM TD Cowen initiated SpaceX at Buy with a $200 price target, citing major opportunities across AI computing and space. The firm expects AI compute leasing to become SpaceX’s largest business by Q1 2027, forecasting revenue of

L3HARRIS $LHX RECEIVES $6B THAAD PROPULSION CONTRACT FROM LOCKHEED MARTIN $LMT The company will build a new facility for THAAD boost motor manufacturing and expand production capacity, per the company. CBO estimated this month that the Iran war has consumed as much as

*US AUG. JOB OPENINGS 7.079M; EST. 7.228M

*US SEPT. CONSUMER CONFIDENCE 81.9; EST. 89.0

U.S. JOB OPENINGS FALL TO 7.08 MILLION U.S. job openings fell to 7.079 million in August, down from a revised 7.335 million in July, according to the Labor Department’s JOLTS report. The job-openings rate slipped to 4.3% from 4.4%, while hiring edged higher to 5.192 million.

U.S. 30-YEAR TREASURY YIELD REACHES 5.587%, HIGHEST SINCE MAY 2004

U.S. GASOLINE AND DIESEL PRICES FALL U.S. regular gasoline prices fell 1.3 cents over the week to $4.465/gallon, though prices remain $1.347 higher than a year ago. Diesel saw a much larger decline, falling 14.7 cents to $6.382/gallon, but remains $2.628 above last year. The

TRUMP TO HOST AI POWER LUNCH WITH TOP TECH CEOs President Trump and House Speaker Mike Johnson are set to meet leading AI and tech executives Tuesday as Washington debates how to oversee rapidly advancing AI. Axios Attendees include Elon Musk, Jeff Bezos, Satya Nadella, Jensen

ELON MUSK, CEOS OF PALANTIR, AMAZON, SERVICE NOW, ALTIMETER TO ATTEND WHITE HOUSE MEETING ON AI, AXIOS REPORTS

*MUSK, BEZOS TO ATTEND WHITE HOUSE AI LUNCH: AXIOS

HEGSETH PLANS 20% CUT TO GENERAL, ADMIRAL POSITIONS War Secretary Pete Hegseth plans to reduce by 20% the number of military positions reserved for generals and admirals, Fox News reports. The target doubles the 10% reduction ordered last year, with the changes expected to be

GOLDMAN: STOCKS NEED BOND YIELDS TO FALL Goldman Sachs says the clearest path to further equity gains is relief in Treasury yields, with the U.S. 10-year reaching 5.25%, its highest since 2007. Stocks have remained resilient, led by large-cap and AI-related names, but market

GENSLER WARNS CHINESE AI MODELS POSE CHALLENGE TO U.S. FIRMS Former SEC Chair Gary Gensler says competition from Chinese AI models complicates efforts to impose stronger safeguards on advanced AI. He also questioned whether the enormous spending by U.S. AI companies will

$NFLX - DEUTSCHE BANK UPGRADES NETFLIX TO BUY Deutsche Bank upgraded Netflix to Buy from Hold, citing its global scale, international production advantage and attractive valuation. The bank lowered its price target to $95 from $100. Netflix now trades at roughly 18x estimated

CITADEL’S RUBNER SEES BETTER SETUP FOR STOCKS IN OCTOBER Citadel Securities’ Scott Rubner expects equity market conditions to improve in October as quarter-end selling ends and historically favorable midterm-election seasonality begins. He says investor positioning remains low

WELLS FARGO INVESTMENT INSTITUTE CUTS GOLD'S 2027 YEAR-END TARGET RANGE TO $5,200-$5,400 PER OUNCE FROM PRIOR FORECAST OF $5,400-$5,600 PER OUNCE

🇬🇧 AVERAGE UK DIESEL PRICE SET TO REACH £2 PER LITRE WITHIN DAYS

*OMAN PLANS TO MORE THAN DOUBLE OIL STORAGE CAPACITY AT DUQM

IRAN’S RIAL HITS RECORD LOW AS WAR WEIGHS ON ECONOMY Iran’s currency weakened to a fresh record low Tuesday, with traders exchanging more than 2.5 million rials per U.S. dollar, according to AP. The rial has fallen steadily since the U.S.-Israeli assault began in February. The

VANCE: WE THINK IRAN'S SUPREME LEADER IS ALIVE

*VANCE: IRAN MUST BEHAVE FOR THERE TO BE ANY KIND OF DEAL

ANTHROPIC TARGETS $2 TRILLION IPO VALUATION Anthropic is reportedly targeting a valuation above $2 trillion in a potential IPO, more than double its estimated $965 billion valuation in May. Revenue surged 12-fold to nearly $4.6 billion in 2025, but the Claude maker posted a $42

PUTIN'S ENVOY DMITRIEV HAD MEETINGS WITH REPRESENTATIVES OF US DEPARTMENTS OF TREASURY, ENERGY IN WASHINGTON, SOURCES SAY

IEA'S BIROL: EUROPE IS GOING TO ENTER A VERY DIFFICULT WINTER

*TRUMP BACKS RUSSIA SANCTION RELIEF ON PRISONER RELEASE: ATLANTIC

MEDVEDEV WARNS WORLD CLOSER TO GLOBAL CONFLICT Russian Security Council Deputy Chairman Dmitry Medvedev claimed Tuesday that the world is closer to a global conflict than at any point since 1945.

FED SPEAKERS IN FOCUS AS BOND YIELDS SURGE Markets are closely watching Fed officials for any shift in tone following the sharp rise in Treasury yields. Deutsche Bank says policymakers remain broadly hawkish and expects two additional 25bp hikes in December and March. A

U.S. CRUDE PRICES FALL AS HORMUZ EXPORTS RISE Regional U.S. crude prices weakened as rising exports through the Strait of Hormuz eased concerns over global supply tightness. WTI remained rangebound in the mid-$90s/bbl. Houston averaged $98.46, down $6.01, while Midland fell

U.S. S&P 500 E-MINI FUTURES UP 0.1%, NASDAQ 100 FUTURES UP 0.3%, DOW FUTURES UP 0.2%

MORGAN STANLEY BUILDS CRYPTO LAB Morgan Stanley has launched a Digital Asset Lab to test stablecoins, tokenization and DeFi applications before deploying them across the bank. The firm will explore tokenized deposits, CBDCs, money-market funds and DeFi vaults that could

PUTIN'S ENVOY DMITRIEV HAD 'CONSTRUCTIVE' MEETING ON MONDAY WITH US OFFICIALS ON PEACEFULLY RESOLVING WAR IN UKRAINE -US OFFICIAL

IRAN EXPECTS FORMAL U.S. RESPONSE TODAY Iranian Foreign Minister Abbas Araghchi says Tehran expects a final U.S. response to its proposal today, as Qatari and Pakistani mediators push for an understanding that could revive the Islamabad MoU. Araghchi says Iran’s position has

MUSK SAYS TESLA $TSLA ROADSTER EVENT RESCHEDULED TO OCTOBER 15

Iran Agrees To Suspend Uranium Enrichment In Exchange For US Sanctions Relief - Al Hadath

US CONSIDERING SANCTIONS WAIVER FOR FLIGHTS BETWEEN IRAN AND IRAQ'S HOLY CITY OF NAJAF, PERSON WITH DIRECT KNOWLEDGE SAYS

SAUDI ARABIA RESTORES KEY OIL EXPORT ROUTE Saudi Arabia has resumed oil exports through its East-West pipeline after repairing damage from drone strikes earlier this month. Saudi Aramco began loading vessels again at the Red Sea port of Yanbu, with the pipeline currently

TRUMP OPEN TO IRAN SANCTIONS RELIEF FOR NUCLEAR PROGRESS President Trump is willing to offer sanctions relief and release frozen Iranian funds in exchange for concrete progress on Tehran’s nuclear program, a U.S. official told CNN. Washington says talks through mediators remain

IRAN PESSIMISTIC ON U.S. DEAL BEFORE MIDTERMS Iranian officials privately see little prospect of reaching a U.S. agreement to end hostilities and reopen Hormuz before the Nov. 3 midterms, Bloomberg reports. Talks in New York made limited progress, with nuclear concessions and

SAUDI ARABIA RESUMES OIL EXPORTS VIA EAST-WEST PIPELINE AFTER REPAIRS -- SOURCES

GOLDMAN WARNS JUNK BOND SUPPLY IS OVERWHELMING INVESTORS Goldman Sachs says a flood of U.S. high-yield debt issuance is straining investor demand, pushing junk-bond spreads to their widest since April. September issuance has reached $38.5 billion, while CCC spreads have surged

STOCKS OF CRUDE OIL IN US STRATEGIC PETROLEUM RESERVE FELL TO 283.8 MLN BARRELS LAST WEEK, LOWEST SINCE 1982

U.S. TWO-YEAR TREASURY YIELD REACHES 4.952%, HIGHEST SINCE MAY 2024

$GM - TRUMP ADMINISTRATION FORECASTS GENERAL MOTORS TECHNOLOGY COSTS THROUGH 2031 WILL DECLINE BY $20.4 BILLION IN TOTAL AS RESULT OF LOWER FUEL ECONOMY STANDARDS -- DOCUMENT

$SPCX - SPACEX SHARES UP 1.1%; CO SAYS STARSHIP REACHES ORBIT DESPITE ENGINE ISSUE

- IRAN'S ISNA NEWS AGENCY SAYS FOREIGN MINISTER ARAQCHI TO MEET MEDIATORS TODAY IN NEW YORK

RUSSIA PLANS TO EXTEND DIESEL EXPORT BAN THROUGH OCTOBER: TASS

🚨Political Trade Alert🚨 Rep. Kevin Hern has released a new financial disclosure. (13 pages) Highlights: $KO Coca-Cola $1k - $15k Sold: $AAPL Apple $2k - $30k $BSX Boston Scientific $117k - $295k $DVN Devon Energy $230k - $600k $XOM ExxonMobil $100k - $250k $LMT Lockhead

IRAN REACHES OUT TO ARAB STATES Iranian General Yahya Safavi says Tehran has “extended a hand of friendship” to Arab countries, according to local media. Safavi warned that the United States will eventually leave the region, signaling Iran’s push for stronger ties with

$META - META PRICE TARGET RAISED TO $830 Monness Crespi Hardt raised its Meta price target to $830 from $730, maintaining a Buy rating. The firm says early traction for Meta’s Muse personal AI agent and its broader AI strategy have started to change the investment narrative.

SAUDI ARABIA'S EAST-WEST PIPELINE HAS RESUMED OIL EXPORTS

$TSLA - CANTOR STAYS BULLISH ON TESLA AHEAD OF Q3 DELIVERIES Cantor Fitzgerald reiterated its Overweight rating and $485 price target on Tesla ahead of this week’s expected Q3 delivery update. Cantor forecasts 421,758 vehicle deliveries, below the 448,679 consensus, alongside

$NVDA - NVIDIA EXPANDS BUYBACK PROGRAM TO $235 BILLION Nvidia’s board authorized a $150 billion increase to its share repurchase program, bringing the total authorization to $235 billion. The company expects to execute the expanded buyback program through fiscal 2028. The

EU'S KALLAS: EUROPE NEEDS TO REARM MORE QUICKLY AND MORE EFFECTIVELY TO MEET OUR 2030 TARGET

S&P 500 BREADTH FALLS TO DOT-COM ERA LOW Goldman Sachs says AI stocks are masking extreme weakness beneath the S&P 500, with market breadth falling to its lowest level since the dot-com bubble. The median S&P 500 stock now trades 16% below its 52-week high, while investor

$SPCX : CLSA INITIATES SPACEX AT ACCUMULATE - PT $250

NIO $NIO SELLS 30% OF NIO POWER TO GEELY HOLDING GROUP IN BATTERY SWAPPING AND CHARGING DEAL Geely Holding will contribute Yiyi Internet Technology and RMB640M in cash for the stake, valuing NIO Power at RMB16B post-money, per the company.

🚨Insider Trade Alert🚨! Insider Zambrano Lozano Rogelio has purchased 400,800 shares in $CX CEMEX SAB DE CV worth $6,926,304.96 $CX current value: $9.71 Market: NYSE

OPENAI HAD IDENTIFIED ABOUT TWO DOZEN ROGUE AI INCIDENTS BY MID-SEPTEMBER, REUTERS SOURCE SAYS

FED’S HAMMACK WARNS INFLATION RISKS REMAIN HIGH Fed’s Beth Hammack says the biggest risk is persistent inflation becoming embedded in public expectations. With economic growth holding up and the labor market stable, she warned that strong demand and capital spending could keep

TRUMP: WILL BE MEETING WITH XI AGAIN IN NOVEMBER, IN CHINA, AND THEN AT G20 IN DECEMBER, IN MIAMI, FLORIDA TRUMP: MUCH HAS BEEN, AND WILL BE, ACCOMPLISHED

YEMEN'S PRESIDENTIAL COUNCIL CHAIRMAN CALLS ON YEMENIS TO MOBILISE AND JOIN ARMED FORCES

PUTIN: RUSSIA IS NOT PREPARING FOR ANY HOSTILITIES WITH EUROPE - IFX

PUTIN: KYIV HAS BEGUN ATTACKS ON CIVILIAN INFRASTRUCTURE; NOW IT MUST FACE THE CONSEQUENCES - TASS

XI WRAPS UP STATE VISIT TO U.S. - XINHUA

PUTIN: RUSSIA WAS READY TO RESUME NEGOTIATIONS WITH KYIV AFTER THE ELECTIONS, BUT UKRAINE ATTEMPTED TO STRIKE MOSCOW AND ATTACKED POLLING STATIONS - TASS

*TRUMP TO UNVEIL NEW GOVERNMENT WEBSITE ON TUESDAY: FOX NEWS

TRUMP ADMINISTRATION LOCKS IN $400M UKRAINE AID The Trump administration plans to obligate nearly all $400 million in military aid for Ukraine before funding expires September 30. About $307 million is already committed, with the remaining $93 million expected to be secured

TRUMP: SCOTT BESSENT WILL NOT BE GOING TO BE SUPER INTELLIGENCE (SI) CZAR. TRUMP: BESSENT DOING SUCH A GREAT JOB AT TREASURY

TRUMP ADMINISTRATION TO MEET SEPTEMBER 30 DEADLINE TO COMMIT TO SPENDING $400 MILLION IN UKRAINE MILITARY AID, SOURCES SAY

SK HYNIX'S SOLIDIGM EYES 2027 IPO THAT COULD VALUE IT AT $150 BILLION, SOURCES SAY SOLIDIGM HELD PITCH MEETINGS THIS WEEK WITH BANKS FOR ROLES IN THE IPO, SOURCES SAY

XI SAYS FUTURE OF CHINA-U.S. TIES BRIGHT -XINHUA

PALANTIR CO-FOUNDER JOE LONSDALE SAYS OPENAI, ANTHROPIC’S AI POLICY PUSH IS 'VERY DANGEROUS'

SENIOR IRANIAN OFFICIAL TO REUTERS: IRAN WILL MAKE NO CONCESSIONS ON ITS NUCLEAR PROGRAM

SENIOR IRANIAN OFFICIAL TO REUTERS: STRAIT OF HORMUZ WILL REMAIN CLOSED, NO NUCLEAR TALKS WITH UNITED STATES UNTIL IRAN'S CONDITIONS MET

NORTH SEA OIL FREIGHT RATES CLIMB AGAIN Platts kept the October Forties de-escalator unchanged at 15 cents, while Aframax freight rates moved higher again. Meanwhile, there were no bids or offers for North Sea crude grades during the Platts pricing window for a second

CHINA, U.S. AGREE TO BUILD CONSTRUCTIVE RELATIONSHIP OF STRATEGIC STABILITY BASED ON RESPECT, FAIRNESS AND RECIPROCITY - XINHUA CHINA, U.S. AGREE TO BUILD A CONSTRUCTIVE RELATIONSHIP OF STRATEGIC STABILITY -XINHUA

OIL FUTURES EXTEND LOSSES, BRENT CRUDE DOWN BY $3 A BARREL ON HOPES OF US-IRAN TRUCE

TRUMP ON CHINA: WE WILL BE SPEAKING A LOT

CHINA'S XI: AGREED WITH TRUMP TO ADD NEW SUBSTANCE TO US-CHINA RELATIONSHIP

TRUMP: WE'VE MADE TREMENDOUS STRIDES FOR BOTH COUNTRIES IN CHINA MEETINGS

OIL SLIPS AS U.S.-IRAN DIPLOMACY TAKES FOCUS Oil prices moved lower as markets weighed U.S.-Iran talks over reopening the Strait of Hormuz. WTI fell 1.4% to $93.32, while Brent dropped 1.2% to $105.35. Diplomatic progress could push crude lower, but tight physical supply and

YIELD ON 10-YEAR TREASURY NOTE HITS FRESH 19-YEAR HIGH AT 5.2297%; LAST UP 5.92 BASIS POINTS AT 5.221%

U.S. 30-YEAR BOND YIELD TOPS 5.5% FOR FIRST TIME SINCE 2004

RUSSIA CAN IMMEDIATELY RESTART 80% OF GRAIN TRADING PORTS IN BLACK SEA AND SEA OF AZOV IF DIPLOMATIC EFFORTS TO REOPEN BLACK SEA SUCCEED, DATA FROM INDUSTRY SOURCES SHOWS THREE TERMINALS ACCOUNTING FOR 20% OF RUSSIAN GRAIN INFRASTRUCTURE IN BLACK SEA AND SEA OF AZOV ARE BADLY

BILL GATES WARNS AI COULD CAUSE ‘A BILLION DEATHS’ Bill Gates warns AI is already powerful enough to potentially drive events causing a billion deaths, particularly if advanced tools are exploited by malicious actors. Gates says AI could become either a historic equalizer or a

SCHMID: A QUESTION IS WHETHER THE AI ECOSYSTEM IS BECOMING TOO BIG TO FAIL

YIELD ON 10-YEAR TREASURY NOTE LAST UP 4.45 BASIS POINTS AT 5.207%

FED'S SCHMID: U.S. DEBT SEEMS "EXTREME"

U.S. CONSUMER SENTIMENT SLIDES AS INFLATION FEARS RISE University of Michigan consumer sentiment fell to 48.1 in September from 51.7 in August, though slightly above expectations. Inflation expectations moved higher, with the 1-year outlook jumping to 4.6% from 4.0%. Long-term

KATAYAMA, BESSENT REAFFIRMED THAT YEN UNDERVALUATION IS MATTER OF CONCERN

FRANCE DEBT FEARS DRAW GREECE COMPARISONS Jupiter’s Ariel Bezalel warns France’s rising debt and political gridlock are increasingly reminiscent of Greece’s pre-crisis trajectory. French government debt has reached 117.5% of GDP and is projected to keep climbing, while

$AAPL - BERNSTEIN WARNS APPLE EARNINGS COULD DISAPPOINT Bernstein sees downside risk to Apple’s December-quarter earnings as sharply higher memory-chip costs pressure iPhone margins. The firm cut its EPS forecast to $2.87 from $3.00, below the $2.92 consensus. Despite the

🚨Insider Trade Alert🚨! EVP, Chief Financial Officer Gupta Navdeep has purchased 7,707 shares in $DKS DICK'S SPORTING GOODS, INC. worth $999,983.25 $DKS current value: $133.25 Market: NYSE

$TSLA - TESLA’S OPTIMUS HITS SNAGS IN HANDS, SUPPLIERS AS SCALE-UP BEGINS - THE INFORMATION TESLA HAS RAMPED UP PRODUCTION OF ITS OPTIMUS HUMANOID ROBOT ROUGHLY TENFOLD IN RECENT MONTHS - THE INFORMATION

HOUTHIS PLEDGE NOT TO TARGET EUROPEAN OR U.S. SHIPS Iran-backed Houthis have told the EU they will not target European ships in the Red Sea, according to the FT. The group said its operations near the Bab al-Mandeb Strait are not intended to disrupt international shipping. The

*JAPANESE, US FINANCE CHIEFS DISCUSS YEN DEPRECIATION: KYODO

*GREER: US, CANADA HAVE GOOD CONVERSATIONS, NO URGENCY

USTR GREER: THERE IS STILL A LOT OF STRONG TRADE WITH CANADA USTR GREER: CANADIANS WANT A DEAL

USTR GREER: TRUMP IS COMFORTABLE WITH WHERE WE ARE ON CANADA - CNBC

*GREER: AI CHIP DISCUSSIONS NOT HAPPENING IN THESE TALKS

TRUMP: VERY PRODUCTIVE MEETING WITH PRESIDENT XI FOR BOTH U.S.A. AND CHINA.

*CHINA, US IN A MANAGED TRADE SITUATION, HAD PROGRESS : GREER *GREER: WILL RELEASE DETAILS ON CHINA TRADE TALKS ON MONDAY

USTR GREER: CONVERSATIONS WITH CHINA ABOUT EXPORT CONTROLS, NATIONAL SECURITY ARE OFF THE TABLE IN THESE TALKS -CNBC

GAZPROM INCREASED GAS PRODUCTION BY 3.4% IN THE FIRST HALF OF THE YEAR, TO 216.55 BILLION CUBIC METERS - IFX

YIELD ON 30-YEAR U.S. TREASURY BONDS LAST UP 1.85 BASIS POINTS AT 5.481% U.S. TREASURY YIELDS RISE AFTER DURABLE GOODS DATA; YIELD ON 10-YEAR TREASURY NOTE LAST UP 2.36 BASIS POINTS AT 5.186%

US AUG DURABLES ORDERS UNCHANGED (CONSENSUS -0.4%)

GOLDMAN SEES AI CAPEX SURGING TO $1.2 TRILLION Goldman Sachs expects the five largest U.S. hyperscalers to boost AI infrastructure spending 54% to $1.2 trillion in 2027, above Wall Street estimates. Amazon, Alphabet, Microsoft, Oracle and Meta are already on track to spend $800

US NATURAL GAS FUTURES EXTEND LOSSES, PRICES DOWN BY 5% IN VOLATILE TRADE AHEAD OF CONTRACT EXPIRATION

US AMBASSADOR TO CHINA: TRUMP MADE CLEAR ANY HELP CHINA GIVES IRAN TOTALLY UNACCEPTABLE -CNBC

US AMBASSADOR TO CHINA: TRUMP, XI HAD VERY CANDID, OPEN CONVERSATION - CNBC

US AMBASSADOR TO CHINA: TRUMP, XI BEGINNING TO DEVELOP RELATIONSHIP OF SOMEWHAT TRUST

$MSTR - STRATEGY PROPOSES DAILY DIVIDENDS ON PREFERRED STOCK Strategy is seeking shareholder approval to shift four preferred-stock series — $STRF , $STRC, $STRK and $STRD — to daily dividend payments. The change would not alter dividend rates or total payment obligations, only

BARCLAYS WARNS STOCKS ARE NEARING A BREAKING POINT Barclays warns that rising bond yields are making equities less attractive, with the extra return stocks offer over bonds near multi-decade lows. Despite resilient earnings and AI-driven growth, oil above $100 and renewed

SAUDI ARABIA, TURKEY AND PAKISTAN PLAN DEFENSE TALKS Representatives from Saudi Arabia, Turkey and Pakistan are planning talks on supporting Riyadh under their joint defense agreement, Al Jazeera reports. The move follows new Houthi missile and drone attacks on Saudi Arabia,

CITI SAYS BUY THE NEXT STOCK MARKET PULLBACK Citi remains overweight U.S. equities and says it would add exposure on any market dip. Despite higher oil, interest rates and Fed uncertainty, stocks have remained resilient. Citi expects AI to remain the key driver of U.S.

$TSLA - STONEX STAYS BULLISH ON TESLA AHEAD OF Q3 DELIVERIES StoneX reiterated its Buy rating and $475 price target on Tesla ahead of next week’s Q3 delivery report. The firm expects 446,500 deliveries, down 10% year-over-year and slightly below consensus. However, energy

FED PLANS TO EASE OVERSIGHT FOR LARGE BANKS The Fed is preparing to raise asset thresholds that trigger tougher bank regulation, Reuters reports. The highest threshold could rise from $700 billion to around $960 billion, while some requirements starting at $100 billion could

IRANIAN PRESIDENT WHEN ASKED IF WAR COULD END BEFORE END OF YEAR: IT'S AMERICA THAT MUST CHOOSE WHETHER IT WANTS TO END THIS

MGM RESORTS $MGM CONSIDERS BID FOR PEOPLE INCORPORATED $PPLI MGM is discussing a potential bid for Barry Diller's People Incorporated, which owns roughly 27% of MGM. A proposal could come within days, per WSJ. People has a market value of about $2.7B, while its MGM stake alone

COSTCO $COST Q4 EPS $6.75, INCLUDING A $0.15 BENEFIT FROM TARIFF REFUNDS - Total revenue: $95.723B - Net sales: $93.873B - Net income: $2.998B - EPS: $6.75 Q4 includes a non-recurring benefit of $0.15 per diluted share from IEEPA tariff refunds received in the quarter.

T-MOBILE $TMUS RAISES QUARTERLY DIVIDEND 15% TO $1.17 PER SHARE

AKAMAI $AKAM ANNOUNCES $11.6B MULTI-YEAR AGREEMENT WITH ANTHROPIC The agreement allows potential expansion of up to $9B, for a total commitment of up to $20B, per the company. - Anthropic receives a warrant for up to 7.7M shares, or up to 5% of common stock outstanding, at

FDA APPROVES BELZUTIFAN WITH LENVATINIB FOR ADVANCED CLEAR CELL RENAL CELL CARCINOMA The approval covers advanced renal cell carcinoma with a clear cell component. Belzutifan is Merck's $MRK Welireg. Lenvatinib is Eisai's Lenvima, which Merck co-commercializes.

YEMEN'S HOUTHIS SAY THEY ATTACKED SAUDI ARAMCO FACILITIES IN YANBU

SOME 60 COMMERCIAL VESSELS TRANSITED THE STRAIT OF HORMUZ ON WEDNESDAY CARRYING THE HIGHEST DAILY VOLUME OF CRUDE SINCE EARLY JULY, US DEFENSE OFFICIAL TELLS REUTERS

FRENCH PRESIDENT MACRON: U.S. DECISION TO BAN DIESEL EXPORTS WOULD BE BAD

META $META UNVEILS AI TOOLS THAT BUILD GAMES FROM TEXT Horizon Create and Horizon Studio let users generate, edit and publish 2D or 3D games using natural-language prompts, with distribution across Facebook, Instagram and Horizon. Early access is rolling out.

FRENCH PRESIDENT MACRON: RUSSIA IS MULTIPLYING HOSTILE, AND CRIMINAL ACTS, AGAINST EUROPEAN NATIONS

FRENCH PRESIDENT MACRON: CIA HAS NOT WARNED FRANCE ABOUT RUSSIAN THREATS

*TREASURY ACCEPTS $4.08B OF OFFERS FOR BUYBACK, SHORT OF MAX $6B

WHITE HOUSE SEEKS VOLUNTARY DIESEL EXPORT CURBS Energy Secretary Chris Wright has contacted major U.S. refiners about voluntarily reducing diesel exports, Reuters reports. The administration is searching for an alternative to an outright export ban as diesel prices hover around

FED MAY BE LOSING CONTROL OF LONG-TERM YIELDS CIFC says long-term Treasury yields are increasingly driven by forces outside the Fed’s control, including heavy government borrowing, $100+ oil, AI infrastructure spending and a global bond selloff. Last week’s rate hike reshaped

FORMER OPENAI DATA CENTER CHIEF CHRIS MALONE IS NOW AT NVIDIA - THE INFORMATION

ROGUE AI AGENTS EXPOSE CYBERSECURITY GAPS An OpenAI agent breached infrastructure behind an Australian public-health portal in June, prompting Prime Minister Anthony Albanese to raise the incident with Sam Altman. The breach follows other reports of autonomous AI agents

BP EYES $2–5 BILLION U.S. SHALE DEAL BP is evaluating acquisitions to expand its U.S. shale business, according to Reuters sources. The company has reportedly studied oil-heavy shale assets worth $2–5 billion and is considering a bid for Devon Energy’s Eagle Ford assets. The

TRUMP TAKES CHINA'S XI INSIDE PRESIDENTIAL HELICOPTER

TRUMP: WE HAD A GREAT MEETING

U.S. PRESSES CHINA OVER SUSPECTED NUCLEAR TESTS The Trump administration has been quietly holding talks with China over allegations Beijing conducted secret low-yield nuclear tests and concerns about its rapidly expanding nuclear arsenal. China strongly denies violating the

TRUMP ADMINISTRATION PRESSES CHINA ON SUSPECTED NUCLEAR TESTS IN CONFIDENTIAL TALKS

XI TOLD TRUMP CHINA'S POSITION ON SAFEGUARDING ITS NATIONAL UNITY AND TERRITORIAL INTEGRITY IS CRYSTAL CLEAR -XINHUA

OPENAI AGENTS ATTEMPTED TO BREACH MORE WEBSITES OpenAI-linked AI agents reportedly attempted to break into university and government websites while searching for public data during training and benchmark tasks. Targets included sites in the U.S. and Australia. One agent gained

*OPENAI’S AI TRIED TO BREACH 4 OTHER TARGETS: NYT

XI HOPES U.S. TO ADHERE TO OPPOSING 'TAIWAN INDEPENDENCE'

XI URGES U.S., IRAN TO RETURN TO TRACK OF RESOLVING ISSUES THROUGH NEGOTIATION AS SOON AS POSSIBLE - XINHUA

U.S. AND IRAN EXPLORE PHASED HORMUZ DEAL U.S. and Iranian negotiators are discussing a phased agreement to end the conflict, Reuters reports. The potential first step would see Iran reopen the Strait of Hormuz in exchange for Washington lifting its economic blockade,

US and Iran discuss phased deal to reopen Hormuz and end US blockade, sources say

U.S. 30-YR FIXED RATE MORTGAGE AVERAGES 7.03 PCT IN SEPT 24 WEEK, HIGHEST SINCE JAN 16, 2025 WEEK, VS 6.95 PCT PRIOR WEEK-FREDDIE MAC

TWO-YEAR U.S. TREASURY YIELDS LAST UP 0.85 BASIS POINTS AT 4.904%

MS NOW PRODUCER GRANTED ACCESS TO WHITE HOUSE -MS NOW

ORACLE $ORCL SAYS FORCE-MAJEURE NOTICES ARE COMMONPLACE IN DEVELOPMENTS OF THIS SCALE The company says such notices are often used to preserve contractual rights among project partners.

ORACLE: FORCE-MAJEURE NOTICES ARE COMMONPLACE IN DEVELOPMENTS OF THIS SCALE AND ARE OFTEN USED TO PRESERVE CONTRACTUAL RIGHTS AMONG PROJECT PARTNERS

XI HOLDS SMALL-GROUP EXCHANGES WITH TRUMP - XINHUA

U.S. TREASURY 10-YEAR YIELD HIGH FOR SESSION OF 5.1685%, HIGHEST SINCE JULY 2007; YIELD ON 10-YEAR NOTE LAST UP 5.24 BASIS POINTS AT 5.166%

U.S. NATURAL GAS FUTURES JUMP MORE THAN 6% AS OIL EXTENDS RISE

OIL FUTURES EXTEND GAINS, US CRUDE UP BY $4 A BARREL AFTER YEMEN'S HOUTHIS FIRE MISSILES AT SAUDI ARABIA

DOLLAR/YEN UP 0.42% AT 158.96 AFTER HITTING 158.98, HIGHEST SINCE SEPTEMBER 2

UAE'S CIVIL AVIATION SUSPENDS FLIGHTS OF IRANIAN COMPANIES FROM AND TO THE COUNTRY STRATING THURSDAY UNTIL FURTHER NOTICE- UAE STATE NEWS AGENCY UAE SAYS DECISION IS BASED ON US SANCTIONS ON IRANIAN AIRLINES USING AIRPORTS

OIL FUTURES EXTEND GAINS, BRENT CRUDE UP BY $4 A BARREL AFTER YEMEN'S HOUTHIS SAY THEY ATTACKED SAUDI MILITARY SITES IN JAZAN

US TREASURY SAYS WILL BUY UP TO $6 BLN OF 20-30 YEAR DEBT IN SEPTEMBER 24 LIQUIDITY BUYBACK

PEPSICO IS RAISING PRICES ON SOME CHIPS, DIPS AND SODA

YEMEN'S HOUTHIS SAY THEY ATTACKED SAUDI MILITARY SITES IN JAZAN; NO SAUDI CONFIRMATION

CHINA'S XI: CHINA TO INVITE 100,000 US YOUTH TO VISIT CHINA IN NEXT 5 YERAS

CHINA'S XI: WE NEED TO CO-EXIST PEACEFULLY

CHINA'S XI: HOPE CHINESE FIRMS ARE TREATED FAIRLY IN US

CHINA'S XI: WILLING TO STEP UP COUNTER-NARCOTICS, LAW ENFORCEMENT COOPERATION

CHINA'S XI: CHINA, US ARE BOTH AI POWERS

CHINA'S XI: CHINA'S DOOR IS OPEN, WELCOMES US FIRMS TO INVEST IN CHINA

PEZESHKIAN SET FOR FOX NEWS INTERVIEW TONIGHT Iranian President Masoud Pezeshkian is scheduled for a Fox News interview today at 1:00 PM ET. The interview will be conducted by Bret Baier.

CHINA'S XI: I'M HERE TO PASS ON FRIENDSHIP, EXPAND COOPERATION

CHINA'S XI: CHINA, US ARE BOTH GREAT COUNTRIES, GREAT PEOPLES

CHINA'S XI: HAPPY TO VISIT A 'BEAUTIFUL' US

TRUMP SAYS HE AND XI WILL CONTINUE WORKING TOGETHER FOR A BETTER FUTURE

TRUMP SAYS HE AND XI WILL DISCUSS SECURITY, TECHNOLOGY AND ARTIFICIAL INTELLIGENCE

TRUMP SAYS WORKING TOWARD A MORE BALANCED TRADE RELATIONSHIP

TRUMP SAYS HE AND XI HAVE MADE TREMENDOUS STRIDES ON ISSUES FACING TWO COUNTRIES

TRUMP SAYS PROUD OF US, CHINA RELATIONSHIP

TRUMP SAYS HE AND CHINA'S XI HAVE FORGED TRULY GREAT FRIENDSHIP

SAUDI EAST-WEST PIPELINE IS BUILDING UP CRUDE VOLUMES, TANKER LOADING YET TO RESUME AT YANBU, SOURCES SAY

ECB: ISABEL SCHNABEL TO RESIGN FROM THE BOARD ECB: SHE WILL STEP DOWN FROM HER POSITION ON 3 JANUARY 2027.

FED’S PAULSON SIGNALS ANOTHER RATE HIKE Fed’s Paulson says the central bank may need to raise rates again as underlying inflation remains “stubbornly high.” She said September’s hike put policy in a better inflation-fighting position and pledged to support whatever is needed to

FED'S PAULSON SAYS SEPTEMBER'S INFLATION REPORTS DROVE RATE HIKE

US AUG SINGLE-FAMILY HOME SALES 0.684 MLN UNIT ANN. RATE, (CONS 0.615 MLN) US AUG SINGLE-FAMILY HOME SALES +6.4%

CNN, MS NOW, POLITICO REQUEST IMMEDIATE COURT HEARING AFTER BEING BLOCKED FROM WHITE HOUSE GROUNDS ON THURSDAY -FILING

OIL FUTURES EXTEND GAINS, US CRUDE UP BY $2 A BARREL ON LITTLE SIGN OF PROGRESS IN US-IRAN TALKS

ORACLE SHARES DOWN 5.1% AFTER REPORT CO SENDS 'FORCE MAJEURE' NOTICE TO NEW MEXICO DATA CENTER DEVELOPER

BITCOIN ETF INFLOWS SURGE DESPITE MARKET PRESSURE Institutional demand for Bitcoin remains resilient despite its pullback from eight-month highs, according to XS. com Fed tightening and uncertainty around Iran are weighing on prices, but Bitcoin ETF inflows have surged. The

U.S. WILL CONTINUE TO PROVIDE CRITICAL BUT MORE LIMITED CAPABILITIES TO NATO, GRYNKEWICH SAYS

🚨Insider Trade Alert🚨! Insider Kirk David Blair has purchased 4,176 shares in $CRM Salesforce, Inc. worth $999,450.85 $CRM current value: $236.42 Market: NYSE

GOOGLE, OPENAI AND ANTHROPIC AI SAFETY GROUP TAKES SHAPE- THE INFORMATION

FED'S HAMMACK: INFLATION RISK TILTED TOWARD UPSIDE

BARKIN: INFLATION'S PERSISTENCE IS CLEARER THIS SUMMER

CHINESE CEOS ARRIVE IN WASHINGTON AHEAD OF XI DINNER A small group of Chinese CEOs with U.S. visas has arrived in Washington separately from President Xi Jinping’s official delegation. The executives are still waiting to learn whether they will receive invitations to Thursday’s

*SMALL GROUP OF CHINESE CEOS ARRIVED IN WASHINGTON: SCMP

🇺🇸 WHAT TO WATCH TODAY — U.S. MARKETS 🔸4:10 AM ET — 🏦 Fed’s John Williams 🔸8:30 AM ET — 🇺🇸 Initial Jobless Claims 🔸10:00 AM ET — 🏠 New Home Sales 🔸10:30 AM ET — 🔥 EIA Natural Gas Storage 🔸1:00 PM ET — 🇺🇸 $44B 7-Year Treasury Auction 🔸After Close — 🛒 Costco Earnings

🇺🇸🇨🇳TRUMP-XI WHITE HOUSE SCHEDULE — THURSDAY 🔸8:00 AM — Executive Time 🔸9:00 AM — In-Town Pool Call 🔸10:00 AM — Trump & First Lady greet Xi Jinping & Peng Liyuan 🔸10:10 AM — Arrival Ceremony 🔸10:15 AM — Trump & Xi deliver remarks 🔸10:30 AM — Gift Exchange 🔸10:40 AM —

*TRUMP: GASOLINE PRICES WILL BE COMING DOWN

$ORCL - ORACLE SHARES FALL 5.4% PREMARKET AFTER REPORT CO SENDS 'FORCE MAJEURE' NOTICE TO NEW MEXICO DATA CENTER DEVELOPER

SOME CNN STAFF UNABLE TO ACCESS WHITE HOUSE AFTER COURT RULING - CNN

BOFA RAISES 10-YEAR TREASURY YIELD TARGET TO 5% Bank of America raised its year-end U.S. 10-year yield forecast to 5.0% from 4.5%, citing fiscal concerns and broader market risks. The bank also lifted its 2-year yield forecast to 5.0%. BofA sees risks from Iran, fiscal

ECB'S SCHNABEL TO STEP DOWN EARLY TO JOIN IMF, ANNOUNCEMENT IMMINENT, SOURCES SAY

ORACLE MOVES TO LIMIT RISK ON MASSIVE AI DATA CENTER Oracle has invoked force majeure on Project Jupiter, a major New Mexico data center tied to the Stargate AI buildout. The move seeks to protect Oracle from payments if regulatory and infrastructure setbacks delay the 2.45GW

BCA: FED HIKES UNLIKELY TO DERAIL S&P 500 BCA Research says the S&P 500 has gained during every full Fed tightening cycle since 1980, with returns ranging from 4.4% to 28.4%. BCA expects just one or two more 25bp hikes, arguing much of the rate shock is already priced in. The

U.S. WEIGHS ALTERNATIVES TO DIESEL EXPORT BAN The U.S. administration is considering **voluntary diesel export cuts** instead of a ban or quota, according to the Wall Street Journal. Citi says this could reverse recent energy equity trades, with limited impact on WTI crude

GOLDMAN SACHS RAISES BRENT OIL FORECAST TO $85 Goldman Sachs raised its December Brent crude forecast to $85 a barrel as energy prices climb across Asia-Pacific. The Iran war and Strait of Hormuz closure have tightened supplies, pushing LNG and diesel prices to yearly highs.

US JOBLESS CLAIMS -1K TO 197K IN SEP-19 WK; SURVEY 201K US SEP-12 WEEK CONTINUING CLAIMS +2K TO 1,719,000 US SEP-12 WEEK JOBLESS CLAIMS REVISED TO 198K

MSNOW REPORTER DENIED ACCESS TO WHITE HOUSE AFTER COURT RULING -MSNOW

ORACLE SENDS FORCE MAJEURE NOTICE OVER NEW MEXICO DATA CENTER

META $META VR GLASSES TO LAUNCH IN SPRING 2027 AT $1,299.99

META $META SAYS IT EXPECTS TO MAKE MONEY FROM MUSE BY TAKING A SMALL FEE ON TRANSACTIONS Zuckerberg laid out the model at the company's Connect conference in Menlo Park. Meta executive Alexandr Wang says the company is adding computer use to Muse, and that Walmart $WMT, Gap

AUSTRALIA PM ALBANESE: INCIDENT INVOLVED OPENAI AGENT GAINING UNAUTHORIZED ACCESS INTO THE PUBLIC-FACING MEDICARE STATISTICS REPORTING SERVICE PORTAL

US JUDGE DECIDING CASE OVER MEDIA BAN AT THE WHITE HOUSE ENDS HEARING WITHOUT SAYING WHEN HE WOULD RULE

AIRBNB $ABNB GIVES ITS ENGINEERING AND PRODUCT DEVELOPMENT TEAMS BROADER ACCESS TO OPENAI MODELS, INCLUDING GPT-6 ASTRA

GOSSAMER BIO $GOSS SUBMITS NEW DRUG APPLICATION TO THE FDA FOR SERALUTINIB IN PULMONARY ARTERIAL HYPERTENSION The FDA will determine whether to accept the application for filing later this year, per the company.

SYNOPSYS $SNPS AND TSMC $TSM PARTNER ON AGENTIC AI AND ADVANCED DESIGN FOR AI SYSTEMS

CADENCE $CDNS COLLABORATES WITH TSMC $TSM ON CERTIFIED TOOLS AND UALINK IP FOR TSMC ADVANCED PROCESSES The company says its UALink IP is silicon-proven on TSMC's advanced processes.

MICROSOFT $MSFT PRESIDENT BACKS DEPLOYMENT OF AI SAFETY EVALUATORS, PER BLOOMBERG He says Microsoft participated in AI safety discussions with its close partner OpenAI.

HASSETT SAYS WARSH MANAGES UNUSUALLY PARTISAN FEDERAL RESERVE

HASSETT QUESTIONS FED'S DECISION TO HIKE RATES

TRUMP PRESSES VENEZUELA TO KEEP OIL FLOWING President Trump emphasized continued Venezuelan oil flows during his first meeting with acting President Delcy Rodriguez, Axios reports. Trump did not demand a date for future elections but stressed their importance as a key step

ANTHROPIC - ANNOUNCES CLAUDE DISCOVERY OF NOVEL ENZYME SYSTEM WITH CRISPR-LIKE DNA REPEATS

HACKERS CLAIM MASSIVE FBI DATA BREACH Hacking group ShinyHunters claims it stole 2–3 terabytes of FBI data, including sensitive information on thousands of current and former employees. A leaked sample reportedly contains personal details and job assignments, including work

FBI DATA ALLEGEDLY STOLEN BY HACKERS HAS SENSITIVE INFORMATION ABOUT BUREAU EMPLOYEES' INTELLIGENCE WORK

MCDONALD’S CEO: HIGH INFLATION IS HERE TO STAY McDonald’s CEO Chris Kempczinski says weak customer traffic and persistent inflation are becoming the new normal for the restaurant industry. U.S. same-store sales rose just 0.8% last quarter, while restaurant traffic declined.

WHITE HOUSE OFFICIAL SAYS REPORT THAT US IS CONSIDERING A DIESEL EXPORT BAN IS 'FAKE NEWS'

*FIVE-YEAR TREASURY YIELD RISES TO 5% FOR FIRST TIME SINCE 2007

DIESEL CRACKS PLUNGE ON U.S. EXPORT BAN REPORT U.S. diesel cracks fell $12.70 to $97.85/bbl after Politico reported the White House is preparing a 90-day diesel export ban. Meanwhile, gasoline cracks jumped $2 to $47.41/bbl, reflecting concerns that lower diesel margins could

WHITE HOUSE PREPARES 90-DAY DIESEL EXPORT BAN The Trump administration is preparing a 90-day ban on U.S. diesel exports, according to Politico, as record fuel prices intensify pressure ahead of the midterms. Diesel averages $6.52 per gallon, up $2.83 from a year ago. The

TRUMP ADMINISTRATION IS PREPARING A PLAN TO BAN EXPORTS OF DIESEL FOR 90 DAYS - POLITICO

ANTHROPIC LEADERS BACK AI-ERA BIODEFENSE STARTUP Two Anthropic leaders invested in Pilgrim, a startup developing technology to detect airborne biological threats such as Ebola and anthrax. Pilgrim raised $25 million at a $150 million valuation and has developed Argus, a sensor

ANTHROPIC LEADERS BACK PILGRIM STARTUP DEVELOPING SYSTEM TO DETECT BIOLOGICAL THREATS - WSJ

IRAN HARDLINERS ATTACK FOREIGN MINISTER OVER U.S. CONTACTS Iranian hardline outlets are escalating criticism of Foreign Minister Abbas Araghchi after Iranian officials reportedly met U.S. envoy Steve Witkoff in New York. IRGC-linked Tasnim claims the contact was not authorized

BESSENT AFTER MEETING WITH CHINA'S HE: WE'RE FINE WITH EITHER CONTINUING BUSAN ARRANGEMENT OR EXAMINING BIGGER DEAL

U.S. TREASURY YIELD ON 10-YEAR TREASURY NOTE HITS 5.081%, HIGHEST SINCE JULY 17, 2007; LAST UP 10.57 BASIS POINTS AT 5.073%

FITCH WARNS U.S.-EU TENSIONS REMAIN A KEY RISK Fitch says lingering U.S.-Europe tensions are raising questions over NATO cohesion and the reliability of U.S. security commitments. It also warns that renewed U.S.-EU tariffs remain a significant risk, while further disputes over

ARGENTINE PRESIDENT JAVIER MILEI SAYS THE UN HAS BECOME A “USELESS ORGANIZATION”

THIRTY-YEAR TREASURY YIELD REACHES 5.367%, ON PACE FOR HIGHEST SETTLEMENT SINCE JUNE 2004

RUBIO: WILL BE OPPORTUNITY FOR TRUMP TO INTERACT WITH CHINA AGAIN LATER THIS YEAR AT APEC AND G20

SENIOR IRANIAN OFFICIAL TO REUTERS: TEHRAN IS REVIEWING U.S. RESPONSE TO ITS PROPOSAL TO END HOSTILITIES SENIOR IRANIAN OFFICIAL TO REUTERS: DURING INDIRECT TALKS WITH U.S. ON TUESDAY REOPENING HORMUZ STRAIT AND LIFTING U.S. BLOCKADE WERE DISCUSSED SENIOR IRANIAN OFFICIAL TO

IRAN DEFENDS NUCLEAR RIGHTS, SIGNALS OPENNESS TO TALKS Iranian President Masoud Pezeshkian told the UN that Tehran rejects nuclear weapons but will not surrender its right to peaceful nuclear technology. On Hormuz, he said Iran cannot allow others to benefit from the waterway

DISNEY+ HIKES AD-FREE PRICE 13% Disney is raising the price of its ad-free Disney+ plan by 13% to $21.49 per month, an increase of $2.50. Ad-free Hulu will rise by the same amount, while the Disney+ and Hulu ad-free bundle increases to $21.99. The move comes as major streaming

$DIS - DISNEY+ PRICE TO INCREASE 13% TO $21.49 PER MONTH: SOURCES

RUBIO: IF THERE'S GOING TO BE A DEAL WITH IRAN, IT'S GOING TO INVOLVE HEARD WORK OVER PERIOD OF TIME

RUBIO: TRUMP HAS NUMBER OF OPTIONS AVAILABLE, INCLUDING MILITARY OPTIONS

RUBIO ON IRAN: WE WILL CONTINUE TO DEFEND AND HOLD STRAITS OPEN

RUBIO ON IRAN: WE UNDERSTAND STRAIT IS ISSUE

IRAN'S PEZESHKIAN: IRAN WILL NOT SURRENDER WITH MILITARY POWER, BELIEVES IN DIPLOMACY

IRAN'S PRESIDENT PEZESHKIAN: IRAN'S MILITARY POWER IS DEFENSIVE

IRAN'S PRESIDENT PEZESHKIAN: IRAN NEEDS NUCLEAR ENERGY NOT NUCLEAR BOMB

IRAN'S PRESIDENT PEZESHKIAN: U.S. DOES NOT RESPECT ANY INTERNATIONAL LAWS

PEZESHKIAN: WE HAVE BEEN THE VICTIMS OF TERRORISM PEZESHKIAN: OUR LEADER WAS ASSASINATED WITHOUT LEGAL FRAMEWORK US OFFICIAL WALKS OUT OF UNGA HALL DURING IRAN PRESIDENT SPEECH PEZESHKIAN: WE DID NOT BOW OUR HEAD, BUT WE DID NOT HIT CIVILIAN POPULATIONS

BESSENT ARRIVES FOR MEETING WITH CHINESE VICE PREMIER HE IN WASHINGTON

DEMOCRATS PUSH TRUMP FOR U.S.-CHINA AI DEAL Seventeen Democratic senators are urging President Trump to use his upcoming meeting with Xi Jinping to pursue an AI safety agreement with China. Their proposal calls for both countries to slow or potentially pause frontier AI

FED’S BARR SIGNALS MORE RATE HIKES AHEAD Fed Governor Michael Barr says further rate hikes will likely be needed to bring inflation back to target after last week’s 25bp increase. Barr said the Fed had been “out of position” before the latest hike. The Fed’s dot plot

FED'S BARR SEES MORE RATE HIKES AHEAD

OIL JUMPS AS IRAN HARDENS HORMUZ STANCE Oil prices climbed to daily highs as optimism over U.S.-Iran diplomacy faded following tougher comments from Iran’s security chief. Tehran reiterated that Hormuz will remain closed and negotiations will not resume unless Washington

GOLDMAN: DIESEL EXPORT BAN COULD PUSH GASOLINE PRICES HIGHER Goldman Sachs warns a U.S. diesel export ban could lower domestic diesel prices but raise gasoline prices. Cheaper diesel could encourage refiners to cut production, reducing gasoline supply because the fuels are

10-YEAR YIELD RISES TO 5.04%, HIGHEST SINCE 2007

TWO-YEAR U.S. TREASURY YIELDS LAST UP 6.63 BASIS POINTS AT 4.843%

U.S. TREASURY YIELDS RISE FURTHER AFTER DATA; YIELD ON 10-YEAR TREASURY NOTE LAST UP 5.81 BASIS POINTS AT 5.025%

U.S. S&P GLOBAL SEPTEMBER FLASH MANUFACTURING PMI AT 57.0 (FORECAST 53.6) U.S. S&P GLOBAL SEPTEMBER FLASH SERVICES PMI AT 58.7 (FORECAST 56.0) U.S. S&P GLOBAL SEPTEMBER FLASH COMPOSITE PMI AT 58.4 (VS 56.0 IN AUGUST)

*US S&P GLOBAL SEPT. COMPOSITE PMI RISES TO FIVE-YEAR HIGH

IRAN SAYS IT’S IN NO RUSH TO NEGOTIATE Iran’s security chief Ali Rezaei says Tehran is “not in a hurry” to negotiate, maintaining a firm stance toward potential talks. Rezaei said Iran’s conditions have now been finalized and handed to Qatari and Pakistani mediators. Tehran is

IRAN TIES HORMUZ REOPENING TO U.S. COMPLIANCE Iran’s security chief says Tehran will not return to the situation before Islamabad, reiterating that Washington must comply with Iran’s seven conditions. “If the United States does not comply,” he said, the Strait of Hormuz will

REZAEI SAYS IF NEIGHBORING COUNTRIES GO ALONG WITH U.S. IN STOPPING IRANIAN FLIGHTS, THEIR AIRPORTS WON'T BE ABLE TO WORK

IRAN'S SECURITY CHIEF MOHSEN REZAEI SAYS AS LONG AS IRAN'S CONDITIONS ARE NOT MET HORMUZ WILL NOT BE REOPENED AND THERE WILL BE NO NEGOTIATIONS

GOLDMAN SEES KOSPI BREAKOUT ABOVE 7,000 Goldman Sachs sees South Korea’s KOSPI positioned for a near-term breakout above 7,000–7,200, supported by improving institutional and foreign buying. Strong memory-chip momentum and Samsung’s dividend are providing additional support.

MORGAN STANLEY ACCIDENTALLY LEAKS 100+ DEAL PIPELINE A Morgan Stanley employee mistakenly emailed an internal document detailing more than 100 investment-banking deals being pitched or monitored across Asia and other regions. The list reportedly included potential IPOs,

FED RATE HIKE BOOSTS DOLLAR APPEAL Standard Chartered says the Fed’s rate hike has removed a key obstacle to buying the dollar, easing concerns that Chair Kevin Warsh would avoid tightening despite pressure from President Trump. Warsh’s confidence in the U.S. economy also

WRIGHT SAYS US DIESEL EXPORT BAN WOULD RAISE GASOLINE AND JET FUEL PRICES

US ENERGY SECRETARY CHRIS WRIGHT SAYS DIESEL EXPORT BAN WOULD NOT WORK

RUSSIA'S LAVROV MEETS WITH US RUBIO - IFX

TRUMP ATTACKS CANADA OVER IMMIGRATION President Trump accused Canada of allowing “millions and millions” of people into the country unchecked and unvetted, claiming it is creating serious problems. Trump blamed what he called a “Liberal takeover” and pointed to high

🚨Political Trade Alert🚨 Rep. Pete Sessions has released a new financial disclosure. Highlights: Sold: $AAPL Apple $100k - $250k

🚨Political Trade Alert🚨 Rep. Richard Allen has released a new financial disclosure. Highlights: $AVGO Broadcom $1k - $15k $TSM Taiwan Semiconductor $1k - $15k $ROL Rollins $15k - $50k

PUTIN I'M SURE THAT THE SPECIAL MILITARY OPERATION'S GOALS WILL BE ACHIEVED

U.S. DIESEL EXPORT BAN COULD DEEPEN GLOBAL SHORTAGE A potential U.S. diesel export ban would hit Latin America and Europe hardest, Capital Economics warns. Higher U.S. exports this year have offset roughly half the global supply losses caused by disruptions in Russia and the

DEMOCRATS HOLD 12-POINT MIDTERM EDGE IN NEW POLL Democrats lead Republicans 53% to 41% among registered voters in the latest NPR/PBS News/Marist poll. Trump’s approval stands at 39%, while 59% disapprove. 45% of voters say their congressional vote is a vote against Trump,

*BOFA'S DEMARE: 3Q WILL NOT BE AS ROBUST IN MARKETS AS 2Q WAS

RYANAIR CEO O'LEARY: IF OIL PRICES REMAIN THIS HIGH INTO SUMMER OF 2027, I EXPECT AIRFARES TO RISE BY 10, 15, 20%

TRUMP WEIGHS DIESEL EXPORT CURBS AS PRICES HIT RECORD President Trump says he is considering restricting U.S. diesel exports as prices reach a record $6.53 per gallon. Oil companies are pushing back, warning restrictions could force refineries to cut production and potentially

HAWKISH FED SENDS DOLLAR TO TWO-MONTH HIGH The dollar climbed to its highest level since July as Fed officials signaled more rate hikes may be needed to fight inflation. Markets now price a 53% chance of an October hike after last week’s first increase in three years. ING says

RUSSIA CUTS GAS AND LNG OUTLOOK Russia has lowered its 2026 natural gas production forecast to 683.1 bcm, from 688.4 bcm previously. The government also cut its 2026 LNG export forecast to 35 million tons, down from 40.3 million tons. Russia additionally revised pipeline gas

MORGAN STANLEY MAPS WINNERS FROM HORMUZ REOPENING Morgan Stanley says European equities are the most sensitive to a potential reopening of the Strait of Hormuz as U.S.-Iran diplomacy progresses. Airlines, aerospace, construction, luxury and banks could benefit most from a

CITI SEES LIMITED S&P 500 IMPACT FROM MIDTERMS Citi expects the midterm elections to have little impact on overall S&P 500 fundamentals, with effects more likely at the sector level. The bank says different congressional outcomes could affect semiconductors, consumer stocks and

ALTMAN TO PUSH GLOBAL AI SAFETY STANDARDS AT UN OpenAI CEO Sam Altman will use a UN Security Council speech to advocate for common global AI safety standards while avoiding restrictions that could slow innovation. OpenAI says it is not backing a specific international

GE VERNOVA $GEV, SGE, HITACHI, AND SAMSUNG C&T SIGN MOU FOR BWRX-300 DEPLOYMENT IN EUROPE AND THE UK The partners will jointly develop deployment strategies for the BWRX-300 small modular reactor in Europe, with SGE remaining the exclusive regional lead in Central and Eastern

NASA AND SPACEX $JSPCX TARGET OCTOBER 1 FOR CREW-13 LAUNCH TO THE INTERNATIONAL SPACE STATION The earliest launch opportunity is 11:10am EDT Thursday, October 1, per NASA.

*TRUMP: HOPEFULLY IRAN WILL DO THE RIGHT THING FAST *TRUMP ON IRAN: THERE WILL BE A TIME WHEN IT'S TOO LATE *TRUMP: MAY HAVE TO BLOW UP PICKAXE MOUNTAIN

*TRUMP: WE THINK IRAN WAR COULD END AFTER MIDTERMS, MAYBE BEFORE

KROGER $KR DETAILS AI STRATEGY BUILT ON DECADES RETAIL EXPERTISE AT GROCERYSHOP 2026

PFIZER $PFE CEO ALBERT BOURLA PLANS TO ATTEND WHITE HOUSE STATE DINNER FOR CHINESE PRESIDENT XI JINPING

KALSHI ASKS CFTC TO ALLOW MARGIN TRADING ON ITS PLATFORM, LETTING USERS BUY WITH BORROWED FUNDS- CNBC

TRUMP-XI SUMMIT EXPECTED TO BE LIGHT ON MAJOR DEALS Xi Jinping is unlikely to bring a delegation of Chinese CEOs to Washington this week, according to the WSJ, lowering expectations for major business agreements. Trump and Xi are expected to focus on extending the trade truce,

CHINA'S XI UNLIKELY TO BRING BUSINESS DELEGATION TO MEETING WITH TRUMP - SOURCES

PUTIN HOLDS PHONE CALL WITH SAUDI MBS - RIA

U.S. HOME PRICES POST FASTEST GROWTH IN A YEAR U.S. home prices rose 3.7% year-over-year in August, the strongest annual increase in a year, according to Redfin. Prices increased just 0.25% month-over-month, continuing a gradual slowdown in monthly growth. San Francisco led

MILEI’S U.S. TRADE DEAL HITS CONGRESSIONAL ROADBLOCK Argentina has reportedly told the Trump administration it lacks the votes to ratify its bilateral trade agreement with the U.S. Milei wants to renegotiate terms following the U.S. Supreme Court’s tariff ruling, but Washington

*MILEI'S US TRADE DEAL UNDER THREAT ON DEMAND FOR BETTER TERMS

RUBIO: INTEND TO LIVE UP TO COMMITMENTS WITH SAUDI ARABIA -FOX NEWS INTERVIEW

CHINA PROBES DEEPSEEK, MOONSHOT OVER POTENTIAL DATA LEAKS TO ANTHROPIC - THE INFORMATION ANTHROPIC ALLEGED DEEPSEEK, MOONSHOT ROUTED SENSITIVE DATA TO CLAUDE- THE INFORMATION

CATHIE WOOD SHRUGS OFF FED RATE-HIKE FEARS ARK Invest CEO Cathie Wood says higher interest rates won’t derail the technology boom, arguing rapid innovation will drive stronger economic growth. Wood expects the current tech revolution to reduce inflation while pushing global

TRUMP: U.S. HAS “MORE MUNITIONS THAN WE COULD EVER USE” President Trump rejected claims that the U.S. is running low on munitions, calling them false. Trump said the country has more munitions than it could possibly use and is currently expanding stockpiles at levels he says

HORMUZ TALKS RUMORS SEND OIL LOWER Oil prices fell after reports suggested Iran could reopen the Strait of Hormuz within seven days if U.S. military pressure eases and the blockade on Iranian ports is lifted. However, Iranian sources have disputed the reports, calling them

DIMON WARNS AGAINST PUNISHING INDIA OVER RUSSIAN OIL JPMorgan CEO Jamie Dimon says the U.S. should avoid punishing India and global oil markets while pressuring Russia over Ukraine. Dimon warned that Indian refiners cannot easily replace Russian crude, as facilities are

RUBIO: OPEN TO IRAN MEETING AT UN -NBC NEWS INTERVIEW

YARDENI: DON’T EXPECT A GRAND BARGAIN FROM TRUMP-XI Yardeni Research expects no major breakthrough when Trump and Xi meet Thursday, but sees scope for an extension of the trade truce and selective commercial deals. Potential progress includes soybeans, Boeing jets, rare-earth

U.S. DIESEL HITS FRESH RECORD AT $6.53 U.S. diesel prices climbed to a record $6.527 per gallon, up sharply from $3.688 a year ago. Supply is tightening as Russian diesel exports remain restricted and disruptions continue to crude flows through the Strait of Hormuz.

U.S. DIESEL PRICES HIT FRESH RECORD AT $6.527 A GALLON

RADIATION MONITORING STATION AT ZAPORIZHZHIA NUCLEAR POWER PLANT DAMAGED IN UKRAINIAN DRONE ATTACK - RUSSIAN-INSTALLED OFFICIALS

XI TO PRESS TRUMP ON TAIWAN ARMS SALES Xi Jinping is expected to urge President Trump to halt U.S. arms sales to Taiwan when the leaders meet in Washington this week, Reuters reports. Beijing is also seeking a stop to deliveries of weapons already ordered. A separate $14

COHERENT $COHR ANNOUNCES PHOTONLINK INTEGRATED OPTICS PLATFORM FOR AI DATACENTERS The company expects PhotonLink revenue to ramp in Q4 CY2026, and is expanding 6-inch indium phosphide and specialty fiber manufacturing capacity for the platform.

PARAMOUNT $PSKY SETTLES STATE ANTITRUST LAWSUIT THAT DELAYED ITS WARNER BROS. DISCOVERY $WBD ACQUISITION Per court records. Concessions discussed in weekend talks included a $1.5B investment in California production, a promise not to sell either studio lot, sales of some cable

TRUMP DEMANDS GOP END THE FILIBUSTER President Trump is urging Senate Republicans to eliminate the filibuster, warning Democrats could otherwise do so themselves. Trump claims Democrats would then pursue statehood for Puerto Rico and Washington, D.C., adding four Democratic

$META - META SHARES EXTEND GAINS, LAST UP 10.4%

TRUMP: “WHOEVER WINS AI, WINS” President Trump says the U.S. must avoid stifling AI growth, arguing the technology could become bigger than the Industrial Revolution or the internet. Trump said the U.S. is currently leading China and other countries in AI and pledged to

TRUMP ON TRUTH SOCIAL: 'I'M NOT GOING TO STIFLE GROWTH, OF SOMETHING THAT WILL BE BIGGER THAN THE INDUSTRIAL REVOLUTION, OR THE INTERNET, ITSELF'

SAUDI ARAMCO LOADED 14 MILLION BARRELS OF CRUDE ON SEVEN VLCCS FROM GULF TERMINALS ON SUNDAY AS IT RAMPS UP EXPORTS THROUGH STRAIT OF HORMUZ, SHIPPING DATA SHOWS SATELLITE IMAGES SEEN BY REUTERS APPEAR TO SHOW SEVEN TANKERS IN VICINITY OF RAS TANURA PORT ON SUNDAY

RUSSIA REROUTES GRAIN AS BLACK SEA EXPORTS STALL Russian firms are converting fertilizer and coal terminals at Baltic and Arctic ports to handle grain exports as Black Sea shipments stall. Rail applications to Ultramar’s Baltic terminal reached about 260,000 tons for September.

$SPCX - SPACEXAI - SPACEXAI LAUNCHES GROK 4.7, TWICE AS FAST AT HALF THE PRICE OF COMPARABLE MODELS

GOP SCRAMBLES AS DIESEL HITS RECORD $6.51 Republicans are weighing a diesel export ban and gas-tax holiday as surging fuel costs pressure consumers and farmers ahead of the midterms. (The Wall Street Journal) But Congress has little time to act, with the House already recessed

VENEZUELAN DELEGATION LED BY INTERIM PRESIDENT RODRIGUEZ TO DISCUSS ENERGY, DEBT AND MINING WITH COUNTERPARTIES IN US, AGREEMENTS COULD BE SIGNED, SOURCES SAY

UKRAINIAN DRONE STRIKE SHUTS MAJOR MOSCOW REFINERY Gazprom Neft’s Moscow refinery has halted crude processing after a Ukrainian drone attack sparked fires at both primary distillation units. Repairs could take several weeks, according to Reuters sources. The refinery processes

TOTAL CEO: TOO MUCH REFINING IS OFFLINE AHEAD OF WINTER

- FRENCH 5-YEAR CDS TOP 45 BPS TO HIT HIGHEST SINCE MARCH 2020, LSEG DATA SHOWS

TRUMP EYES MAJOR BELARUS POTASH DEAL President Trump says the U.S. is working on a large-scale agreement to buy potash from Belarus. Trump says the fertilizer would be purchased at substantially lower prices than current Canadian supplies, potentially reducing input costs for

- TRUMP: UNITED STATES IS WORKING ON A MASSIVE DEAL WITH RESPECT TO PURCHASE OF POTASH FROM BELARUS

*VANCE ON IRAN: GOING TO TRY TO PROTECT US NAVY: POOL REPORT

*VANCE ON IRAN: OIL IS STILL FLOWING: POOL REPORT

*VANCE ON IRAN: WILL BE FURTHER DISCUSSION AT UN: POOL REPORT

$AMD - ADVANCED MICRO DEVICES HITS $1 TRILLION IN MARKET CAPITALIZATION FOR THE FIRST TIME

🚨Political Trade Alert🚨 Rep. Pete Sessions has released a new financial disclosure. Highlights: Sold: $GOOGL Google $15k - $50k $ABBV AbbVie $15k - $50k

$MSTR - STRATEGY BUYS ANOTHER 950 BITCOIN Strategy purchased 950 BTC for $75.7 million last week at an average price of $79,670 per Bitcoin. The company now holds 846,000 BTC, acquired for $63.8 billion at an average $75,416 per coin. Strategy also spent $174 million