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9/9
07:36
An executive at Mangalore Refinery and Petrochemicals Limited (MRPL) stated on Wednesday at the APPEC oil conference in Singapore that Indian refineries have been operating at 105% to 108% of their capacity over the past six months. The executive added that MRPL would continue to operate above 100% capacity until March 2027. Currently, all Indian refiners are prioritizing diesel production to meet domestic demand and address the tight global supply of middle distillates.
07:30
Eldorado Gold announced that its Skouries project in northern Greece has produced its first copper-gold concentrate, marking the transition of the project from the construction phase to the operating phase. The project is scheduled to commence commercial production in Q4 2026, with an estimated average annual production of 140,000 ounces of gold and 67 million pounds of copper over the mine's life.
07:29
OpenAI announced that its unreleased experimental AI system, with 10,000 AI agents collaborating for 88 hours, proposed a solution to one of the seven Millennium Prize Problems in mathematics, the "Navier-Stokes existence and smoothness" problem. The system is reportedly more powerful than GPT-6 Astra, but the independence of the proof is currently being questioned, with New York University mathematician Tristan Buckmaster raising doubts, which OpenAI has denied. OpenAI stated it does not intend to claim the $1 million prize, viewing this solely as evidence of the rapid progress of its research system.
07:26
Investors are urging the company to freeze the exercise rights tied to 273 million shares, as CEO addresses MMXX ties.
07:26
Reuters analysis suggests that with two months until the US midterm elections, the options market presents a complex picture of "fragility and fearlessness." Despite recent bond market volatility, the stock market remains near historical highs, and the Cboe Volatility Index (VIX) recently hit a new annual low of approximately 15, below its long-term median of 17.6. However, analysts are concerned that the market is unprepared for any potential shocks. Historical data shows that in 15 of the 24 midterm election years since 1930, the S&P 500 index fell by 5% or more between September and October. UBS's machine learning framework, "Turbu-lens," reached its highest level of potential market stress at the end of August, signaling "extreme fragility."
07:25
According to an analysis by Yahoo Finance, while market volatility has increased recently, historical data indicates that dividend growth stocks offer higher returns and lower volatility over the long term. The Schwab U.S. Dividend Equity ETF (SCHD), which focuses on high-yielding dividend growth stocks, has delivered a 13.4% annualized total return since its inception in 2011, positioning it to continue rewarding patient investors.
07:25
EU spirits exports fell by 6% to €8.26 billion in 2025, primarily impacted by pressures in the US and Chinese markets.

Data from the trade association SpiritsEurope shows that exports to the US dropped by 9% to €2.5 billion, due to the Trump administration's 10% to 15% tariffs on EU products. Exports to China decreased by 15% to €608 million, as China imposed tariffs on products such as brandy and cognac. Additionally, exports to the UK declined by 4% to €858 million.

Pauline Bastidon, Director of Competitiveness and Trade at SpiritsEurope, stated that geopolitical tensions, economic headwinds, and global trade disruptions have had a tangible impact on the sector.

In emerging markets, exports to India grew by 10% to €91 million, and exports to South Africa increased by 30% to €272 million. A free trade agreement between the EU and India, which includes reduced Indian tariffs on EU spirits, is expected to take effect next year.
07:25
The project, one of the UK's largest integrated energy storage initiatives, is planned for a capacity of 300MW/55GWh. It aims to combine Compressed Air Energy Storage (CAES) with natural gas and hydrogen storage to provide ultra-long duration energy storage exceeding 190 hours. The project targets an operational date of 2031 to support renewable energy integration and enhance grid resilience. Jacobs will be responsible for managing services including planning, Development Consent Order (DCO) strategy, environmental planning, technical coordination, and stakeholder engagement.
07:12
Max Kettner, chief multi-asset strategist at HSBC Bank, argues that higher US bond yields are driven by US growth and exceptionalism, stating, "at the end of the day, this is fundamentals, this is not about what Scott Bessent wants."
07:11
Millennium Management, the hedge fund founded by billionaire Israel Englander, is set to open an office in Greece. This move comes after the Greek government launched a tax scheme this summer specifically targeted at hedge fund and private equity executives, as part of an investor charm offensive.
07:10
Wallstreetcn analysis indicates that global markets are entering a rare "Everything High" phase, with multiple indicators such as corporate earnings, capital expenditures, commodities, interest rates, and market positioning simultaneously approaching historical extremes. Specifically, the projected capital expenditures for U.S. hyperscale cloud vendors over the next 12 months have surged to $940 billion, more than tripling from early 2025; the S&P 500's earnings growth forecast for 2026 has risen to 34%.
07:09
U.S. Bank has successfully tested USBDC, its proprietary dollar-backed stablecoin, in a live cross-border payment between its North American and European operations. The transaction ran on the Stellar blockchain while remaining integrated with the bank’s compliance and risk systems. The bank is exploring stablecoin applications including 24/7 payments, liquidity management, cross-border treasury operations and faster settlement.
07:09
Yahoo Finance analysis indicates that as gold prices surged to an all-time high of approximately $4,439 per ounce, gold royalty and streaming companies significantly outperformed traditional gold producers in 2026. These companies finance projects by providing upfront cash in exchange for a share of mine revenue or the right to purchase a fixed portion of production at a discounted price, thereby avoiding operational costs such as labor, fuel, and capital expenditures. Their average cash profit margins exceed 80%, significantly higher than the 30%-40% seen in traditional producers.

Among them, Wheaton Precious Metals (WPM) leads the industry with a market capitalization of $70.4 billion, reporting a Q1 revenue increase of 91.6% year-over-year to $901.5 million, and Q2 revenue reaching $929 million. Its stock price has risen by 467.9% over the past decade. Franco-Nevada (FNV) saw its Q1 revenue grow by 76.6% year-over-year to $650.7 million, with its stock price up 33.9% over the past year. OR Royalties (OR) reported a Q2 revenue increase of 62.0% year-over-year to $97.8 million.
07:08
The mobile banking firm now sees third-quarter revenue of $705 million, up from a prior target of $680 million-$690 million. It projects full-year revenue at $2.76 billion-$2.77 billion, compared to its previous goal of $2.725 billion-$2.745 billion. Following these announcements, Chime Financial's stock jumped overnight, signaling a breakout.
07:06
Iran's Islamic Revolutionary Guard Corps (IRGC) warned that if Iranian targets are attacked again, for every two to three Iranian targets hit, strikes on 20 enemy targets could be triggered. The IRGC also demanded an end to hostilities, Israel's withdrawal from Lebanon, the lifting of the blockade on Yemen, and the release of $24 billion in frozen Iranian assets.
07:05
Amazon CEO Andy Jassy explained during the company's recent earnings call that data center buildings have a depreciation cycle of over 30 years, supporting multiple generations of server economics, while servers and chips require regular updates. This means that the proportion of future data center capital expenditures allocated to semiconductors will significantly increase. Microsoft CFO Amy Hood also stated that Microsoft has seen a shift in capital expenditures towards shorter-lived assets, with approximately two-thirds of current capital expenditures going to GPUs, CPUs, and other data center equipment. PwC projects that total data center capital expenditures will increase from $800 billion this year to $1.8 trillion by 2050. The article analyzes that TSMC, as the world's largest contract chip manufacturer, holding a 73% share of the third-party chip manufacturing market, will be the primary beneficiary of this long-term growth trend.
07:04
CNBC analyzed Donald Trump's annual financial disclosures, quarterly corporate reports, and FactSet market data, finding that the value of his holdings in nine major oil and gas companies (including Chevron, ConocoPhillips, ExxonMobil, etc.) grew by approximately $1.5 million to $4.4 million from February 27, the eve of the war, to August 31. The report noted that Trump's accounts traded energy stocks multiple times during market volatility throughout the war, including buying shares in eight major oil and gas companies on March 2, the first trading day after the initial US-Israel strike on Iran, and selling ExxonMobil shares on April 7, before the ceasefire with Iran was announced.
07:04
Tesla CEO Musk posted on X in response to a U.S. Census Bureau report, which stated that in 2025, the global population aged 65 and over will for the first time exceed children under 5, and the elderly population is projected to increase to 2 billion by 2060. Demographic changes have led to a rapid deterioration in the worker-to-beneficiary ratio of the U.S. Social Security system, with its trust fund expected to be depleted by Q4 2032, at which point it will only be able to pay 78% of scheduled benefits.
07:03
U.S. mortgage applications fell by 2.7% last week, according to data from the Mortgage Bankers Association (MBA), with refinancing applications down 6.2% and purchase applications down 0.2%. During the same period, the average 30-year fixed mortgage rate rose by 6 basis points to 6.85%, further intensifying pressure on borrowers and the real estate market.
07:03
★★★★★Previous 6.79%Forecast --Actual 6.85%
07:03
Wall Street analysts are more bullish on Oklo, assigning it an average price target of $79.88, nearly double its recent share price, compared to NuScale's average target of $12.63, which is 30% above its September 7 share price. Analysts favor Oklo's build-own-operate revenue model, which involves selling electricity directly to end-users through long-term power purchase agreements, including major deals with Meta Platforms and Switch, and a collaboration with Nvidia and Los Alamos National Laboratory. NuScale, which sells small modular reactors (SMRs) to traditional public utilities, is seen as exposed to supply chain friction and order cancellation risks. Financially, Oklo reported over $1.6 billion in cash and cash equivalents in Q2, with $84.3 million in debt, while NuScale had $766.5 million in cash and $824.4 million in debt.
06:59
Iran's Revolutionary Guard announced that a new maritime exclusion zone will extend from Chabahar to parts of the Gulf of Oman and the Arabian Sea, with specific coordinates to be announced later. This move is a continuation of Tehran's previous plan to establish restricted areas beyond the Strait of Hormuz, potentially escalating shipping disruptions along critical global energy routes.
06:59
PIMCO argues that bonds can once again provide meaningful income and protection if growth weakens, making a more balanced mix of stocks and fixed income increasingly attractive.

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