Global TradFi & Macroeconomics

Tencent has reportedly signed a $7 billion agreement with Oracle to lease 100,000 AI chips hosted in data centers outside China, according to Financial Times. The deal spans multiple Oracle facilities in Southeast Asia and requires around 30% upfront payment. Neither Tencent nor Oracle has

According to Financial Times, Tencent has signed a $7 billion agreement with Oracle to lease approximately 100,000 AI chips through Oracle data centers in Southeast Asia. The deal requires around 30% of the contract value upfront. Neither Tencent nor Oracle has publicly confirmed the agreement;

Samsung Electronics and SK Hynix led South Korean stocks higher on October 1st, with the KOSPI index rising 1.95% to 2571.35 and the KOSDAQ gaining 4.48% to 894.29, as Micron's strong earnings and positive September export data eased concerns about the semiconductor sector. The rally occurred as the

According to South Korea's stock exchange, on October 1, KOSPI rose 1.95% to 6971.35 and KOSDAQ gained 4.48% to 894.29, driven by strong results from Micron and robust September exports. Samsung Electronics and SK Hynix, which launched major share buyback programs in late August, are nearing the

Fed Governor Michelle Bowman is set to deliver remarks in the coming minutes, with investors monitoring her commentary on monetary policy direction and the economic outlook.

French 10-year government bond yields surged to their highest level in 24 years during intraday trading, closing at 4.9020%. The spike was driven by persistent concerns over France's fiscal deficit and comments from Bundesbank President Joachim Nagel, who ruled out European Central Bank

According to Yonhap Infomax, France's 10-year government bond yield reached 4.9534% intraday today, marking the highest level since July 2002. The yield closed at 4.9020%, up 5.73 basis points from the previous session. The surge reflects persistent concerns over France's fiscal deficit as the

Bitcoin now outperforms the S&P 500 on more than 50% of trading days, according to recent analysis by on-chain analytics platform Glassnode. The recovery marks a turnaround from June, when Bitcoin outperformed the index on only one in five trading days—the weakest performance in six years. Glassnode

According to Glassnode, Bitcoin outperforms the S&P 500 on more than 50% of trading days, marking a significant recovery from earlier this year when the cryptocurrency underperformed the index on four out of five trading days.

Google unveiled its Gemini 4 Argon AI model on Wednesday, promising advances in coding, cybersecurity, and complex tasks. According to industry benchmarks, Argon ties OpenAI on a key cybersecurity test and posts leading results in software engineering. The launch comes as rival Meta racks up

WTI November crude oil futures closed at $92.87 per barrel on October 1. NYMEX October natural gas futures settled at $2.9670 per million BTU, while October gasoline futures closed at $3.4026 per gallon. NYMEX October heating oil futures settled at $4.6420 per gallon.

According to CNBC, Mizuho upgraded BJ's Restaurants (BJRI) to Buy on October 1, raising its price target by $2 to $76, implying 26.9% upside from the current stock price of $59.90. The brokerage also raised its Q3 same-store sales growth forecast to 5.5% from 4.6%, above the market consensus of 4.3%

Microsoft Corp. (MSFT) executive Ryan Roslansky will leave the company at the end of 2026 after leading its LinkedIn subsidiary for six years, CEO Satya Nadella announced in a Thursday memo to employees. Roslansky cited his family's life in the Bay Area as the reason for his departure, stating

According to a memo from CEO Satya Nadella announced Thursday, Ryan Roslansky will leave Microsoft at the end of 2026 after nearly 18 years with LinkedIn and Microsoft. Roslansky has led LinkedIn as CEO since 2020, growing the platform's membership from 700 million to 1.3 billion during his

US nonfarm payrolls increased by 162,000 in August, but the headline figure may overstate actual labor market strength due to favorable seasonal adjustments, according to analysis reported by Walter Bloomberg on October 1. Unadjusted employment data showed a 154,000 gain for August, and applying the

Liquidia (LQDA) stocks tumbled on Thursday following a 57% drop on Wednesday after a Delaware court ruled its inhaled drug Yutrepia infringes two claims of a United Therapeutics (UTHR) patent. U.S. District Judge Richard G. Andrews found that Liquidia induces infringement of claims 1 and 14 of Unite

Synopsys stocks jumped about 10% after the chip-design software company unveiled new deals with OpenAI and Amazon at its 2026 Investor Day while projecting stronger-than-expected growth for fiscal 2027. The company expects fiscal 2027 revenue to rise about 15% year over year to $11.15 billion at the

According to a Delaware federal court ruling on Wednesday, Liquidia Technologies' inhaled drug Yutrepia infringes two patent claims held by United Therapeutics, significantly threatening Liquidia's ability to compete in the inhaled treprostinil market. LQDA stock fell 57% on Wednesday and

Synopsys stock rose approximately 10% on September 30 after the chip-design software company announced multi-year strategic agreements with OpenAI and Amazon at its 2026 Investor Day. The OpenAI partnership will develop GPT-Synopsys, a specialized AI model for semiconductor design automation, with r

The three major U.S. stock indexes turned mixed on Oct. 2. The Nasdaq Composite rose 0.18% to close at 26,909.99. The Dow Jones Industrial Average declined 0.07% to 50,872.29, while the S&P 500 gained 0.16% to reach 7,663.85. Nasdaq and S&P 500 Gain While Dow Jones Declines on Oct. 2 The Nasdaq C