British Shares Extend Decline as Gilt Yields Hit Multi-Decade Highs
The UK 100 Index edged lower as rising energy prices pushed gilt yields to multi-decade highs, weighing on banking and pharmaceutical shares.
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Polkadot Launches Decentralized dotUSD Stablecoin Governed by DAO
Polkadot has launched dotUSD, a decentralized stablecoin governed by its DAO. The launch aims to offer a stablecoin free from corporate control.
Status Launches Version 2.39 With Cross-Chain Swaps and Robinhood Chain Support
Status has launched version 2.39 of its platform, introducing cross-chain swaps, incognito mobile browsing, and support for the Robinhood Chain.
CryptoNeutral
Primo Brands Regional Spring Water Sales Rise 4.1 Percent in Second Quarter
Primo Brands Corporation reported a 4.1 percent increase in regional spring water sales for Q2 fiscal 2026, driven by broad-based retail growth.
Waymo Secures $5 Billion in First External Debt Funding Round
Waymo has raised $5 billion in external debt to fund its autonomous vehicle expansion, marking a shift away from sole reliance on parent company Alphabet.
Phibro Animal Health Moves Forward on Zoetis Acquisition and Vaccine Growth
Phibro Animal Health sees revenue gains from its Zoetis acquisition and vaccine expansion, though rising costs and currency risks present challenges.
Palo Alto Networks Introduces AI-Powered Security Subscription Service
Palo Alto Networks launched an AI security subscription service to continuously find and fix client vulnerabilities.
CVS Health Shares Trade at a Discount to Industry Peers Despite Strong Segment Performance
CVS Health Corporation trades at a lower valuation than its industry peers despite raising its operating income outlook and recovering insurance margins.
US 30-Year Mortgage Rates Climb to 7.40% in Seventh Weekly Increase
US 30-year mortgage rates reached 7.40% in their seventh straight weekly rise, dampening home buyer demand and lowering refinance applications.
XRP Lending Debate Intensifies Ahead of Native Ledger Upgrades
A debate between Ripple and Flare executives highlights the race to build XRP lending tools as validators vote on native ledger upgrades.
Aramco and NESR Partner on Saudi Arabian Lithium Demonstration Project
Aramco and NESR partner on a Saudi demonstration project to produce 2,000 tonnes of battery-grade lithium carbonate annually starting in late 2027.
EnergyNeutral
Goldman Sachs Shares Slip Ahead of Earnings as Rising Rates Pressure Deal Pipeline
Goldman Sachs shares fell as rising interest rates pressure its deal pipeline and increase non-compensation expenses ahead of its October 13 earnings.
Upstart Holdings Expands Credit Union Network With Denver Partnership
Upstart Holdings partners with Credit Union of Denver to expand its AI-powered lending network and boost loan accessibility.
Cryptocurrencies Slide as Ethereum Drops 6% Despite Optimistic Long-Term Forecasts
Ethereum and Bitcoin fell on Thursday, but long-term indicators and institutional tokenization point to potential future market growth.
VICI Properties Trades at Lower Valuation Multiple Than Real Estate Peers
VICI Properties shares trade at a lower earnings multiple than industry peers despite steady occupancy and a long-term lease portfolio.
Bitcoin Drops Below $82,000 as Crypto Market Slumps and Liquidation Hits $1 Billion
Bitcoin fell below $82,000 on Thursday amid a broader cryptocurrency market decline and $1 billion in leveraged trading liquidations.
US Mortgage Rates Hit 7.4 Percent, Reaching Highest Level Since Late 2023
US mortgage rates surged to 7.4% as bond yields remained near multi-decade highs, increasing borrowing costs for homebuyers.
EconomyNeutral
Incommunities Limited Reports 29% Rise in Operating Surplus
Incommunities Limited grew its 2026 operating surplus by 29% to £23.6 million, boosting cash for affordable housing and home repairs.
EarningsMixed
Micron Stock Pulls Back on Tech Sector Weakness Despite Bullish AI Outlook
Micron Technology shares fell amid a broader tech sector decline, even as analysts predict long-term growth driven by artificial intelligence.
Biohaven Partners With Ono Pharmaceutical in 100 Million Dollar Asian Licensing Deal
Biohaven Ltd. partnered with Ono Pharmaceutical to license its autoimmune drug portfolio in Asia, securing up to 100 million dollars in near-term payments.