Archive snapshot · Markets
Wed, Oct 7, 9:32 PM ET
Wall Street retreats from records as Treasury yields surge to 24-year high
Equities pulled back from all-time highs as a global bond selloff pushed benchmark Treasury yields to their highest in more than two decades, pressuring rate-se
Investing · +15 outlets
Samsung forecasts record Q3 profit as AI memory boom lifts chip earnings
Samsung said operating profit would top 100 trillion won for the first time, underscoring how AI-driven memory demand is reshaping semiconductor earnings.
CNBC · +13 outlets
SpaceX in talks to borrow $40 billion to buy Nvidia chips
Apollo and banks are in talks to finance a massive Nvidia GPU purchase, a borrowing spree that has lifted SpaceX credit risk and raised questions about AI capit
CNBC · +13 outlets
Fed minutes show officials see another rate hike coming but no timing
Minutes from the September meeting indicated policymakers remain open to one more hike if inflation stays sticky, with no consensus on timing as political press
CNBC · +14 outlets
Oil tops $100 on Strait of Hormuz tanker attacks and Gulf storm threat
Renewed attacks on tankers transiting the Strait of Hormuz and a tropical storm threat in the Gulf pushed crude above $100 a barrel, driving up tanker charter r
Yahoo Finance · +14 outlets
IEA members agree to accelerate oil stock release and prioritize diesel
Coordination to release stocks and prioritize diesel came as U.S. diesel prices spiked and the White House faced political pressure over surging fuel costs befo
CNBC · +12 outlets
10-year Treasury yield pulls back from 24-year high after solid bond auction
A well-received auction of 10-year notes eased demand concerns and helped yields come off their highs, with options traders still betting on an eventual drop in
CNBC · +14 outlets
Amazon cuts hundreds of jobs, mainly in retail and stores division
The fresh layoffs hit several teams across Amazon's stores business, continuing a pattern of targeted headcount reductions at the company.
Investing · +14 outlets
Webull stock sinks after House panel flags China national security risk
A congressional committee said the trading platform exposes U.S. customer data to Chinese surveillance risk, sending shares down 18% in their worst day in a yea
CNBC · +13 outlets
Trump administration investigates Wells Fargo over race-based lending
HUD is probing the bank's programs aimed at boosting Black homeownership, a move that sent Wells Fargo shares lower.
The New York Times · +14 outlets
US trade deficit widens to $105.6 billion, largest since Liberation Day
The widening gap undercuts a central aim of Trump's tariff policy, with oil and capital goods driving the increase.
Fortune · +14 outlets
Levi Strauss raises profit guidance on tariff refunds but trims sales outlook
The apparel maker beat on earnings and outlined $1.54 to $1.56 FY2026 EPS while redeploying $60 million of tariff refunds, though its revenue outlook was less o
CNBC · +9 outlets
Bezos says Blue Origin likely to pursue IPO in coming years
The Amazon founder said a Blue Origin listing is still several years away but would make sense, as the space company expands its launch and lunar ambitions.
Investing · +14 outlets
SK Hynix flash memory unit reportedly picks banks for 2027 US IPO
The planned listing of SK Hynix's NAND unit comes as memory chip stocks swung widely, with SK Hynix shares falling more than 6% in one session.
Bloomberg.com · +5 outlets
Microsoft and Nvidia team up on $2,599 Surface Laptop Ultra with RTX Spark AI chip
The device, which can run AI models locally, signals Microsoft remains committed to own-brand PCs even as it is not a top device maker.
CNBC · +14 outlets
US 30-year mortgage rate hits highest in nearly three years
Mortgage rates near 7.5% are cooling pending home sales and prompting forecasts of a meaningful housing market shift.
Yahoo Finance · +14 outlets
Constellation Brands beats estimates but warns on beer demand
The Modelo maker topped earnings and revenue expectations while inventory rebuilding and consumer caution clouded the outlook for beer demand.
CNBC
Finland orders halt to two Google data center projects over environmental concerns
The move in the country billed as the 'Texas of Europe' adds to scrutiny of the power and environmental footprint of AI data center buildouts.
CNBC

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