Category: Top Story
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Wall Street Rebounds From Early Losses as Chip Stocks Rally and Treasury Yields Ease
U.S. stocks kicked off October and the fourth quarter with a choppy session, recovering from morning weakness to close slightly higher. A pullback in bond yields from multi-decade highs and a bounce in AI-related chip stocks helped the major averages climb back above the flat line. The 10-year Treasury yield touched about 5.3% earlier in…
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Alphabet to Test AI Chips in Orbit on SpaceX Falcon 9 Mission
Alphabet (NASDAQ:GOOG) plans to send artificial intelligence chips into orbit on Thursday aboard a SpaceX (NASDAQ:SPCX) Falcon 9 rocket as part of its Project Suncatcher initiative exploring the use of computing infrastructure in space. The launch is scheduled for 11:15 a.m. PT from Vandenberg Air Force Base in Santa Barbara County, California. SpaceX’s uncrewed Transporter-18…
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US Stock Futures Rise as Treasury Yields Ease and Investors Assess Micron Results: Dow Jones, S&P, Nasdaq, Wall Street
US stock futures moved higher on Thursday, pointing to a positive start to October on Wall Street as Treasury yields eased and investors assessed quarterly results from Micron Technology ahead of further US economic data. At 08:33 ET (12:33 GMT), S&P 500 futures rose 0.4%, Dow futures gained 0.5% and Nasdaq 100 futures advanced 0.6%.…
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Accenture Shares Rise After Fourth-Quarter Earnings and Revenue Beat Estimates
Accenture (NYSE:ACN) shares rose around 7% in premarket trading after the consulting and technology services company reported fourth-quarter earnings and revenue above analyst expectations and issued its outlook for fiscal 2027. For the quarter ended August 31, 2026, Accenture reported adjusted earnings of $3.29 per share, compared with the analyst consensus of $3.19. Revenue reached…
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Rocket Lab Shares Rise 5.2% After Synspective Launch Agreement
Rocket Lab Corp (NASDAQ:RKLB) shares rose 5.2% to $73.27 in premarket trading after the company announced a 20-mission Electron launch agreement with Tokyo-based Earth observation company Synspective. The agreement, which Rocket Lab described as its largest single commercial launch contract to date, covers 20 StriX synthetic aperture radar satellites. The satellites are scheduled to launch…
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IBM Adds Self-Hosted Deployment Option for Bob AI Development Platform
IBM (NYSE:IBM) has introduced a self-hosted deployment option for IBM Bob, its agentic software development platform, allowing organisations to operate the technology within on-premises, private-cloud, sovereign-cloud and air-gapped environments. The new deployment option is aimed at enterprises with security and compliance requirements that restrict the use of public artificial intelligence platforms, including organisations working with…
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Paramount Skydance and Warner Bros. Discovery Expect Merger to Close October 6
Paramount Skydance (NASDAQ:PSKY) and Warner Bros. Discovery (NASDAQ:WBD) said they expect their previously announced merger to close on October 6, subject to customary closing conditions. The merger agreement was announced in February and provides for Warner Bros. Discovery shareholders to receive $31 in cash for each share they hold. Under the terms of the agreement,…
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Alphabet Shares Rise After Google Launches Gemini 4 Argon AI Model
Alphabet Inc Class A (NASDAQ:GOOG) shares rose about 2% in US premarket trading on Thursday after Google launched Gemini 4 Argon, a new artificial intelligence model focused on areas including coding and cybersecurity. Google said Gemini 4 Argon will initially be made available to a group of trusted cybersecurity researchers before a broader rollout. Paid…
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Tesla Registrations Rise Across Several European Markets in September
Tesla (NASDAQ:TSLA) recorded higher new-car registrations across several European markets in September, according to data released by national automotive industry organisations. Registrations, which provide an indication of vehicle sales, increased 61.9% year on year in France, according to French automotive body PFA. They rose 2.2% in Norway and 38.4% in Sweden, based on figures from…
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Micron Forecasts First-Quarter Revenue Above Expectations on AI Demand
Micron Technology (NASDAQ:MU) forecast fiscal first-quarter 2027 revenue and adjusted earnings above analyst expectations, citing continued demand for memory products used in artificial intelligence infrastructure. Micron shares were slightly lower in US premarket trading. The company forecast first-quarter revenue of $61.5 billion, plus or minus $1.5 billion, compared with an analyst consensus of $56.77 billion.…