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Accenture's beat has it on pace for its best day ever as the AI-fear trade unravels
Fiscal fourth-quarter earnings topped every major estimate -- $3.29 EPS, $18.68 billion in revenue, $22.17 billion in new bookings -- and the fiscal 2027 guide came in above consensus. Shares jumped 19 percent.
Trump's $200B Korea energy deal frays within hours as Seoul disputes Alaska LNG
The White House unveiled three Korean-funded US energy projects -- a Texas gas plant, eight nuclear reactors, Alaska LNG. Seoul says only one is fully approved and no decision was made on Alaska.
Sycamore nears $9B sale of Boots to Canada's Weston family, WSJ reports
Walgreens' private-equity owner is close to selling the UK pharmacy chain for about $9 billion including debt, a year after taking it private. The buyer would be the Weston family's Canadian arm.
Tencent's reported $7B Oracle chip lease tests the US export-control loophole
The Financial Times reports Tencent signed a five-year lease for 100,000 AI chips in Oracle's Southeast Asia data centers -- its largest overseas compute deal ever. Neither company has confirmed it.
Flydubai co-pilot tried to crash Israel-bound jet after stabbing the captain, officials say; passengers stormed the cockpit to stop him
Flight FZ1073 plunged more than 14,000 feet in 30 seconds before passengers and crew overpowered the attacker and a reserve crew landed the jet in Saudi Arabia. Netanyahu vows to get to the 'root' -- and asks whether Iran was behind it.
SEC Charges Two Pre-IPO Fund Managers With Fraud the Same Day It Votes to Open Private Markets Wider
Meyer Global and Beyond Alpha allegedly raised $27.2 million on promises of pre-IPO SpaceX and xAI shares, then spent it on indulgences and losing trades. The same day, the SEC proposed opening private markets to more everyday investors.
RBA Warns of Mounting Global Risks as Negative-Equity Pockets Grow Among New Home Buyers
The central bank's October stability review says Australia's financial system is resilient, but flags an AI debt cycle turning 'more opaque and circular,' first-home buyers at risk, and offshore shocks as the main threat.
10-Year Treasury Yield Hits 24-Year High as Global Bond Rout Deepens
The 10-year yield climbed to 5.342%, its highest since 2002, as a selloff rooted in Washington's deficit math spread to Paris's budget politics and beyond.
OpenText closes $1B of senior secured notes due 2031 and 2033
OpenText (NASDAQ:OTEX) completes $500M 6.700% notes due 2031 and $500M 7.150% notes due 2033; Revolver maturity extended to Oct 1, 2031; 2027 redemption and 2028 tender expected to settle Oct 2.
National Fuel closes $2.62B purchase of CenterPoint's Ohio gas utility
National Fuel Gas closes $2.62B purchase of CenterPoint's Ohio natural gas utility (VEDO); $1.42B cash plus $1.20B 6.5% seller note; ~335k customers — Form 8-K AccNo 0001193125-26-409787.
Citi Raises Bitcoin Target to $113,000 as ETF Inflows Resume
Citi lifted its 12-month bitcoin target to $113,000 from $82,000 and ether to $3,028, forecasting $5 billion of inflows as advisers raise allocations. The Clarity Act's defeat paradoxically helped, the bank says, by spurring SEC action.
Sanofi and Regeneron Expand Dupixent Alliance in $8 Billion Immunology Deal
Sanofi will pay Regeneron $1 billion upfront, with up to $7 billion more in milestones, for four long-acting antibodies meant to carry the franchise past Dupixent's 2031 patent cliff. The deal also settles the partners' litigation.
Google Launches Gemini 4 Argon to Cyber Defenders First as Benchmark Claims Face Staff Skepticism
The new frontier model debuts with a restricted Fairwind rollout and no public release date, a day after Google signed the White House AI accord. Google touts coding gains; staff tell Bloomberg the real-world picture is murkier.
Nuveen completes Schroders takeover as scheme becomes effective
Schroders RNS confirms the Nuveen/Pantheon scheme is Effective at 590 pence a share; Nuveen says the combined firm manages about $2.6 trillion.
U.S. Completes Iraq Withdrawal: Last Forces Leave Erbil, Ending 12-Year Anti-ISIS Mission
U.S. Central Command confirmed Wednesday that American forces and equipment have left Erbil Air Base, closing out Operation Inherent Resolve in Iraq. The move ends a 23-year presence as Iran-backed militias keep their arms.
Liquidia Crashes 57% After Delaware Judge Rules Yutrepia Infringes United Therapeutics Patents
A federal judge found Yutrepia infringes two valid claims of United Therapeutics' '327 patent. Liquidia tumbled 57% to $30.26; United Therapeutics jumped 13% to $541.89. Liquidia plans to appeal and remove PH-ILD from Yutrepia's label.
Micron Posts Record $54.2 Billion Quarter, Guides Higher as AI Memory Boom Rolls On
Adjusted EPS of $33.42 beat the $31.72 FactSet consensus, revenue nearly quadrupled to $54.23 billion, and fiscal Q1 guidance came in well above expectations. The stock held firm after hours.
BEA lifts Q2 GDP to 2.2% in the third estimate; August income rose 0.2%
Real GDP grew at a 2.2% annual rate in the second quarter — revised up 0.7 percentage point from the second estimate — as BEA also published August personal income and PCE prices.
Boeing Wins $20 Billion-Plus Navy F/A-XX Contract, Beating Northrop — Its Second Sixth-Gen Fighter
Navy taps Boeing for full-scale development of the sixth-generation F/A-XX carrier fighter, worth more than $20 billion. Boeing beat Northrop Grumman, becoming the sole sixth-gen provider after the F-47 win; shares rose ~2% premarket.
Bank of England Warns Financial-System Risks May 'Crystallise' as AI Debt Doubles and Iran Supply Shock Lengthens
The Bank of England warned that interconnected financial-system weaknesses may crystallise, citing Iran's re-escalation and AI debt doubling to $450B. The buffer stays at 2 percent; gilt repo reforms come in early 2027.
Australia's A$40B Metrics Credit Partners Freezes Redemptions as KPMG Refuses to Sign Off Accounts
KPMG would not sign the full-year accounts of three listed Metrics funds after a fight over how unlisted property stakes are valued. Now the A$40 billion private credit firm has gated redemptions in the underlying funds too.
Saudi Arabia Resumes Yanbu Oil Loadings as East-West Pipeline Restarts; Crude Tumbles
Saudi Arabia restarted crude loadings at its Red Sea port of Yanbu after the East-West pipeline came back online: about 2 million barrels a day loading, throughput near 2.65 million bpd, and a full return to 5.5 million bpd a month away.
Trump and Six AI Leaders Sign 'Morally Binding' Accord on Self-Policing
A one-page White House accord commits Google, Anthropic, Meta, Nvidia, OpenAI and xAI to internal controls, external audits and board-level safety oversight. Details and enforcement remain undefined.
OpenAI Unveils Always-On 'Dots' Agents and 20-Plus Launches at DevDay as Software Stocks Slide
Sam Altman rolled out always-on AI agents powered by GPT-6 Astra, a $500-per-month Pro tier, and more than 20 products at Fort Mason, one day after OpenAI shelved its next Astra model over safety concerns.
Washington Offers 40 Million Barrels of Emergency Oil as the Reserve Nears a 44-Year Low
The Energy Department will lend energy companies up to 40 million barrels from the Strategic Petroleum Reserve, the final installment of the U.S. share of the global release pact. The reserve is headed for its lowest level since 1982.