INDYNEWS
- China Probes State Data Centers' Use of Broadcom Network Switches
Beijing's review, reported by the Financial Times, adds Broadcom to the list of U.S. chip suppliers facing scrutiny in China.
- Royal Caribbean Buys Half of Sandals Resorts for $3 Billion
The cruise operator moves onto land, betting all-inclusive resorts will feed its ship bookings.
- Four ChargePoint Executives Sold Stock In Quick Succession
The company's CFO, general counsel, chief accounting officer and chief customer experience officer each filed stock sales within the same stretch.
- Clover Posts Record H2 As Margins Widen To 35.5%
The company's FY26 results beat revenue guidance, with new products driving the margin expansion, according to its earnings call and slide deck.
- Tuas Profit Jumps 328% But Stock Sinks Near 52-Week Low
The telecom operator's fiscal 2026 profit surged even as its stock fell after a planned deal with M1 fell through.
- Oil Slides, Gold Gains As Traders Bet On Iran Diplomacy
Crude fell on rising Gulf supply and hopes for renewed US-Iran talks, while gold benefited from the same news as investors dialed back Fed rate-hike worries.
- Snowflake and BlackSky Insiders Sell Heavily in Same Week
Snowflake director Frank Slootman sold $100.3 million in stock while BlackSky's CEO, CFO and general counsel all filed separate sales.
- Defense Contractors Rack Up Fresh Pentagon Awards Across Missiles, Research, Army Gear
Booz Allen, Raytheon and General Dynamics all landed separate contracts within the same reporting window, underscoring steady defense-budget flow.
- Nasdaq Hits Record As Oil Slips, Extending Rally Beyond Prior Peaks
Analysts say the tech-heavy index's climb is being underpinned by improving fundamentals, not just momentum, even as crude prices fall.
- Diesel and Jet Fuel Prices Jump as Hormuz Standoff Squeezes Refiners
Iran has laid out conditions for reopening the Strait of Hormuz, while President Trump says a decision on banning diesel exports is coming 'fast, one way or the other.'
- Binance Takes $100 Million Stake in Circle to Back USDC
The exchange's investment pairs it more closely with the issuer of the second-largest dollar stablecoin as competition among digital-dollar tokens intensifies.
- Saudi Pipeline Restart Lifts European Diesel Margins
The East-West Pipeline resumed flows after drone attacks, easing a supply squeeze that had pushed diesel refining margins higher across Europe.
- PayPal Jumps on Meta AI Partnership as Money Rotates Out of Financials
The deal news coincided with a broader tech rotation that pulled capital away from bank stocks.
- Defense Stocks Drop 3% as Report Says Iran May Reopen Strait of Hormuz
Lockheed Martin, RTX and Boeing fell even as RTX sits on a record $289 billion order backlog.
- Analysts Split on AMD: One Calls It 'Too Hot to Touch,' Another Says $1 Trillion Isn't the Ceiling
Diverging Seeking Alpha calls highlight a widening gap between valuation-focused bears and growth-focused bulls on the chipmaker.
- Nasdaq Hits Record Intraday High as Tech Rebounds, Yields Ease
Treasury yields and oil both fell as traders looked ahead to a Trump-Xi meeting, giving risk assets room to run.
- AI Data Center Boom Faces a Power Grid That Can't Keep Up
An estimated $1 trillion in committed AI infrastructure spending is running into a US energy buildout that takes roughly three years to catch up.
- Bitcoin and Ether Climb Back to Levels Last Seen in January
A $3.2 million options bet is now wagering bitcoin reaches $95,000 by the end of October.
- Binance Takes $100 Million Stake in Circle, Locks In Five-Year USDC Deal
The world's largest crypto exchange becomes a shareholder in the stablecoin issuer it already promotes, tying the two companies together through 2031.
- Citi Sees Enterprise SSD Demand Jumping 52.9% by 2027 on AI Buildout
The forecast lands alongside a separate case that AMD's rise to a $1 trillion valuation reflects real AI infrastructure demand rather than speculative excess.
- UBS Shares Slide as Bank Trims Stake in RC Fornax
UBS stock fell in the same session the Swiss bank disclosed cutting its holding in RC Fornax below the regulatory reporting threshold and addressed capital pressure at a Bank of America financials conference.
- On Holding Rallies as Goldman, Stifel Back 2029 Growth Targets
Two brokerages defended the Swiss running-shoe maker's long-term outlook, with Stifel setting a $41 price target as the stock jumped in Monday trading.
- Industrie De Nora Shares Tumble After Snam Cuts Stake by 5%
The exit by a major shareholder sent the Italian hydrogen and water-treatment company's stock sharply lower.
- VusionGroup Shares Jump 8% on H1 Profit Growth and Tariff Relief
The French digital-shelf-label maker beat expectations as tariff pressures eased in the first half.
- ECB's Lane Warns Second Energy Shock Could Keep Inflation Sticky
The ECB chief economist says a new wave of energy costs threatens to delay the return to the 2% target until mid-2027.
- Amazon Blocks Meta's AI Shopping Agents From Its Retail Site
The move comes as Meta's new Muse AI app draws wide attention, opening a fight over who controls AI agents on major platforms.
- AMD Joins Trillion-Dollar Club As Asia Chip Stocks Snap Back
A Wall Street AI rally carried into the September 21 Asia session, with LG Electronics jumping on a Nvidia cooling-technology endorsement.
- Nvidia's China Chip Sales Sit At Zero Ahead Of Trump-Xi Summit
Rare-earth magnet exports to the US have plunged as both governments prepare to meet on September 24, with billions in chip sales hanging on the outcome.
- Gold and Oil Both Rise as Traders Watch for U.S.-Iran Talks
An easing oil slide reduced inflation worries even as crude itself ticked higher on the same Iran diplomacy story.
- GameStop CEO Ryan Cohen Buys $26.4 Million in Company Stock
The insider purchase pushed GameStop shares higher in the Sept. 21 session.