Russia Unleashes Record Drone Barrage on Ukraine as Iran Warns of ‘Heavy Blows’
Russia deployed 2,200 attack drones and 38 missiles against Ukraine in a week, while Iran’s military warns of further escalation near the Strait of Hormuz.
US-China Trade Truce Deepens: $30B Tariff Relief, Coal Deal, and a $16B UBS Capital Hit
The US and China agreed to $30 billion in reciprocal tariff relief and a coal purchase deal, while UBS faces a $16 billion capital hike and Gold Fields eyes a $22.1 billion bid.
Stocks Slip, Oil Jumps 1.72% as Middle East and Ukraine Conflicts Escalate
Dow and Nasdaq fell over the weekend as oil surged to $93.56 on Yemen strikes, while Bitcoin held near $84,000 and Litecoin jumped 4.1% amid rising geopolitical risk.
Iran Offers to Reopen Strait of Hormuz in 7 Days as Oil Markets Watch Trump-Xi Standoff
Iran proposes reopening the Strait of Hormuz within a week if US conditions are met, as Brent crude dips to $105.56 and Trump presses Xi over Chinese support for Tehran.
US Commits $2 Billion to Smart Grid Upgrades as AI Power Demand Strains Electricity Supply
The Department of Energy is funding 31 grid modernization projects across 26 states, aiming to add 23 gigawatts of capacity and ease pressure from AI data centers and rising utility bills.
Marvell Technology Holds Quarterly Dividend at $0.06 a Share as Chipmaker Sticks to Capital Return Plan
Marvell Technology’s board declared a $0.06 per share quarterly dividend on September 25, 2026, keeping the payout unchanged as the semiconductor firm balances AI growth investment with shareholder returns.
ETFs Dump $36 Million of Credo Technology Stock, Snapping a One-Day Buying Streak
Credo Technology (CRDO) saw net ETF outflows of $36.0 million on Wednesday, reversing a brief buying streak and signaling shifting fund positioning in AI-linked chip stocks.
Inside VanEck’s Crypto Blockchain ETF: 0.65% Fee, 263% Three-Year Return and a 91.5% Drawdown Warning
VanEck’s Crypto and Blockchain Innovators UCITS ETF holds Block, Coinbase and Bitmine Immersion among its top 20 positions, posting a 28.96% year-to-date gain alongside steep historical volatility.
Global Bond Selloff Sends Treasury, Japan Yields to Multi-Decade Highs
US 10-year and 30-year Treasury yields hit 2007 and 2004 highs while Japan’s JGB yields reach 1996 levels, as traders price in more Fed rate hikes and $100+ oil fuels inflation fears.
Trump-Xi Summit: Trade Truce Extended to Jan. 10 as Taiwan Tensions Simmer
Trump and Xi extend their trade truce by two months, easing tariffs and rare earth curbs, while Beijing presses Washington on Taiwan and a $14 billion arms deal remains stalled.