INDYNEWS
- HSBC Upgrades BP and TotalEnergies to Buy, Lifts Chevron Target to $250
The bank cited improving deleveraging outlooks and commodity price sensitivity as oil prices eased through the week.
- Nanexa Shares Jump 114% on $1.3 Billion Novo Nordisk Deal
The Swedish drug-delivery firm licensed its technology to Novo Nordisk in an agreement worth up to $1.3 billion.
- Genel Energy Raises Capricorn Bid to $436 Million, Topping DNO
The higher offer sent Capricorn Energy shares to a 15-year high as a bidding war for the Kurdistan-focused oil producer intensified.
- Trump-Xi Summit Delivered Optics, Not Breakthroughs, Commentary Suggests
Coverage of the meeting emphasized symbolic gestures over concrete trade or geopolitical outcomes, and Asian markets showed little reaction to it.
- SoftBank Shares Fall After Oracle Data-Center Warning Stokes AI Funding Fears
Even as SoftBank dropped on doubts about AI infrastructure spending, startup DensityAI is reportedly seeking funding at a $10 billion valuation, underscoring the split in investor sentiment.
- Japan Bond Selloff Pushes Yen Toward 160, Drags Asian Stocks Lower
A rout in Japanese government bonds spilled into currency markets and equities across the region on September 24, with the yen nearing a level not seen in months.
- Two Howard Hughes Executives Buy Stock in Same Week
Executive chairman Marc Grandisson purchased $1.6 million in shares while chief operating officer Andrew Davis bought $64,489, regulatory filings show.
- Bank Of Mexico Holds Rate At 6.5% As Core Inflation Stays Sticky
Policymakers tweaked forward guidance rather than moving rates, signaling less certainty about the pace of future cuts.
- Clorox, Silgan Hit 52-Week Lows in Same Session
Both a household-products maker and its packaging supplier fell to fresh yearly lows on Sept. 24, pointing to pressure across the consumer staples supply chain.
- AI Chip Skeptics Gain Ground as Broadcom, AMD Face New Doubts
Analysts flagged a China-specific risk for Broadcom beyond margin pressure, while a separate note questioned whether AMD's AI spending cycle can keep accelerating.
- Carlyle, First Citizens Hit 52-Week Lows as Thermo Fisher, Agilent Hit Highs
The same session that pushed private-equity and regional-bank shares to fresh lows sent lab-equipment and manufacturing names to records, underscoring a split market.
- BOE and Riksbank Signal Hawkish Turn as Oil Prices Stay Elevated
Bank of England's Lombardelli flagged rising odds of a rate hike while Sweden's Riksbank held rates but pointed to hikes later this year.
- Goldman Sachs Initiates United Therapeutics With Sell Rating
The bank started coverage of the pulmonary-disease drugmaker with a Sell while giving fellow gene-therapy name MeiraGTx a Neutral.
- Chinese Tech and Chip Stocks Slide as U.S. Treasury Yields Surge
Rising U.S. yields drove a selloff in Chinese technology and semiconductor names even as Korea moved forward with a $22 billion Texas gas plant tied to its tariff pledge to Washington.
- Dollar Hits Two-Month High as US Flash PMI Signals Fastest Growth in Five Years
Stronger-than-expected September activity data revived inflation and rate-hike bets, pushing the dollar to its strongest level since July and sending Japanese bond yields to a 30-year high.
- CapsoVision Director's $10 Million Buy Stands Out Against a Wave of Insider Selling
While a director bought heavily into his own company, executives at GigaCloud, Quantum-Si and MediaAlpha were selling shares the same week.
- Oil-Driven Inflation Fears Push Australian Stocks to Three-Month Low
Gold steadied after a selloff even as stronger U.S. data and rising oil prices raised bets on a Federal Reserve rate hike.
- SoftBank Sells $11.1 Billion in Bonds to Fund OpenAI Stake, Shares Jump
The Japanese conglomerate is borrowing heavily to expand its bet on OpenAI, and investors are buying into the plan for now.
- Executives Across Meta, Oracle, Arista and Asana Sold Stock This Week
Meta's chief product officer sold $28.5 million in shares, the largest of more than a dozen insider sales disclosed in the latest batch of filings.
- HSBC Pulls Board Meeting From Dubai Over Iran War Safety Concerns
The bank shifted the gathering to London as the conflict continues to weigh on expatriate operations in the Gulf.
- Bipartisan Senators Press Trump To Tap Emergency Heating-Oil Reserve As Diesel Export Ban Fallout Spreads
Lawmakers from both parties say the diesel export restriction meant to secure US fuel supply is instead pushing heating-oil prices higher just as winter demand approaches.
- Fastly Shares Jump After Meta's Muse AI Agent Drives Traffic Surge
Analysts tied the move to data showing Meta's new Muse AI agent is routing meaningfully more traffic through Fastly's content-delivery network.
- Investors Shift Focus From 5% to 6% Treasury Yields as Threshold to Watch
With 5% yields no longer rattling markets, attention is turning to whether 10-year Treasury yields could climb toward 6%.
- Micron Stays Wall Street Favorite as Memory Chip Demand Firms Up
Analysts remain bullish on Micron and high-profile investors are building large positions as memory pricing improves.
- Treasury Yields Jump As Strong Data Revives Rate-Hike Bets
A closely watched economic survey pointed to overheating, sending the 10-year yield higher and unsettling both stock and bond investors.
- 10-Year Treasury Yield Tops 5% as PMI Data Beats, Tech Stocks Retreat
A blowout September PMI report revived bets that the Federal Reserve has less room to cut rates, sending long-term borrowing costs to their highest level in months.
- Pound Slips as Traders Price In a More Hawkish Fed
Sterling weakened against the dollar Tuesday even as no fresh U.K. data drove the move, pointing instead to shifting U.S. rate expectations.
- Bitcoin Holds Above $82,000 As Coinbase Adds Fixed-Rate Borrowing Against It
A level once seen as resistance has held as support, while Coinbase now lets users borrow the USDC stablecoin against bitcoin holdings at a fixed rate.
- Adyen Shares Slip After New CFO Appointment And Flatpay Tie-Up
The Dutch payments firm's stock fell even as it announced a partnership with payments provider Flatpay, with investors focused instead on the leadership change.
- UBS Initiates Buy Ratings On Three Bitcoin Miners Pivoting To AI Data Centers
The bank started coverage of Hut 8, Terawulf and Applied Digital with buy ratings, citing data center and leasing growth rather than mining economics.