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9/14
05:38
The Houthi group stated on Monday that they launched attacks on military facilities and infrastructure, including aircraft hangars, radar installations, runways, and ammunition depots at King Khalid airbase in Khamis Mushait, Saudi Arabia. They described these attacks as a response to over 300 Saudi air strikes across Yemen in five days. Meanwhile, forces loyal to the Saudi-backed Yemeni government advanced in western Taiz on Sunday after repelling a Houthi offensive, supported by air strikes.
05:36
TD Cowen sees 90% upside for bitcoin treasury firm Smarter Web following proposed 'MORE' preferred IPO. TD Cowen raised its Smarter Web price target after its proposed MORE preferred IPO, citing broader funding options and capital efficiency.
05:36
Global equities mostly fell on Monday, but the Hang Seng Index overcame early losses to close up 111 points, or 0.45%, at 24,917 points.
05:35
According to The Wall Street Journal's analysis, mortgage bonds are at risk in both rising and falling interest rate environments. The report notes that fewer people hold ultracheap mortgages than commonly believed.
05:35
The Wall Street Journal reported that the insurance companies under Marc Walter's financial empire are among the leading sellers of annuities in the U.S., primarily funded by retirement savers.
05:33
Modine Manufacturing (NYSE: MOD) announced its first quarter fiscal year 2027 results, with data center sales increasing by 90% year-over-year to $348.6 million, and its backlog doubling. Management raised its full-year guidance, expecting data center revenue to exceed $2 billion in fiscal year 2028. The company has transitioned from an automotive parts supplier to a thermal management company, providing cooling technology for data centers, with its Climate Solutions segment becoming a primary growth engine. Over the past three years, Modine's stock price has risen by over 280%.
05:32
OpenAI co-founder Greg Brockman stated that any slowdown in AI development should only target frontier models powered by large supercomputers, not open-source or amateur projects. His comments follow growing industry concerns about the risks of advanced AI and a call for a development slowdown by Anthropic CEO Dario Amodei. Brockman also expressed support for global coordination and treaties, believing that future AI could surpass the influence of any single company or nation.
05:32
Digital asset management firm CoinShares will release its first-half financial results on Monday. Decentralized communities Hermes Protocol and Cratos DAO will initiate key governance votes. Tokenized stocks are leading Real World Asset (RWA) inflows, with Binance's bStocks reaching approximately $118.5 million in two months, now ranking as the second-largest issuer and accounting for about 90% of on-chain equity DEX trading volume.
05:32
This week is packed with macroeconomic events, with the Federal Reserve set to announce its interest rate decision on Wednesday. Fed Chair Warsh will hold a press conference and update the Summary of Economic Projections (dot plot) at that time. The Bank of England and the Bank of Japan will announce their respective interest rate decisions on Thursday and Friday. Additionally, the U.S. will release data on retail sales, import prices, and the Philadelphia Fed Manufacturing Index.
05:31
Investors reacted negatively on Monday, though not catastrophically, to calls from Anthropic CEO Dario Amodei and his rival executives to slow down the development of frontier AI. OpenAI, Anthropic's competitor, also supported the pause and postponed its IPO until next year.
05:27
The edge cloud provider also achieved its fourth consecutive profitable quarter and sixth straight quarter of positive free cash flow. CFO Rich Wong noted that security revenue grew 43% and compute-related "other" revenue increased 69%, with machine-generated requests rising sixfold, creating new demand for its edge services.
05:26
Isabel Schnabel, Member of the Executive Board of the European Central Bank (ECB), cited ECB staff projections from September 2026 at the second BMWE European Competitiveness Workshop. Under a benign scenario, Euro area GDP growth is expected to be around 1% in 2026, reaching 1.5% in 2027 and 2028. The projections also include adverse and severe scenarios, with the severe scenario potentially leading to negative GDP growth in 2026.
05:26
Isabel Schnabel, Member of the Executive Board of the European Central Bank (ECB), cited ECB staff projections from September 2026 at the second BMWE European Competitiveness Workshop, stating that under a benign scenario, HICP inflation in the euro area is expected to return to around 2% by 2027. The projections also provided inflation outlooks for adverse and severe scenarios, indicating that inflation could reach highs of 4-5% in 2026.
05:21
Concord Pacific Developments Inc. acquired a field of fifty wind turbines from Potentia Renewables Inc. for several hundred million Canadian dollars, deepening the Canadian developer’s long-term bet on renewables. Its CEO added that he’s working on a move into data centers too.
05:17
Indonesian President Prabowo Subianto on Monday fired Finance Minister Purbaya Yudhi Sadewa in a shock move and replaced him with his deputy, Suahasil Nazara. Nazara has served as vice finance minister since 2019.
05:14
A year after shifting production and sourcing out of China, some firms are finding it challenging to replicate the country's skilled labor, supplier networks, and reliable power elsewhere. U.S. retailer Target and Chinese fast-fashion retailer Shein are among those moving some operations or orders back to China. The tariff advantage of other countries has also narrowed as Washington extended tariffs to a wider range of nations. Businesses are watching for clarity on a proposed mechanism to lower barriers on some non-sensitive goods ahead of an expected meeting between Trump and Chinese President Xi Jinping this month, though many do not expect the summit to resolve their problems.
05:14
A new report from PitchBook states that while Databricks has become one of the most powerful private software companies globally, its $190 billion valuation is excessive. Harrison Rolfes, the report's author, believes Databricks is a high-quality business but not an attractive investment at its current price. Databricks completed a $5 billion funding round in August at a $190 billion valuation, a 41.8% increase from its $134 billion valuation in February. The PitchBook report estimates Databricks' operating value is closer to $68.7 billion, a 64% discount to its valuation. The report reached this conclusion by forecasting Databricks' revenue and cash flow over the next 10 years and discounting them to their present value.
05:14
The Sweden-based automaker has finalized an agreement with its parent company, Geely Auto, to take over commercial operations for the Lynk & Co new energy vehicle (NEV) brand across Europe. Volvo will leverage its established commercial infrastructure, including its retailers and service network, to distribute Lynk & Co vehicles, aiming to strengthen Lynk & Co's market presence and broaden Volvo Cars' total consumer base.
05:13
Data from the Vietnam Automobile Manufacturers' Association (VAMA) shows that new car sales in Vietnam fell 13% year-on-year in August to 18,891 units. This data excludes major market participants such as VinFast, Hyundai, Mercedes-Benz, and Nissan. Despite the August decline, Vietnam's automotive market sales still grew 8% in the first eight months of 2026 to 193,898 units, driven by strong economic growth. GlobalData expects total light vehicle sales in Vietnam to grow 10% this year to 617,000 units, driven by continued economic growth and rising consumer demand.
05:10
Amundi SA, Europe’s largest asset manager, is purchasing two-year US Treasuries as a hedge against the risk of economic growth slowing due to elevated oil prices. The firm is also actively seeking opportunities in global bond markets following the recent selloff.
05:10
With a light US economic data calendar, market attention shifts to oil prices, Middle East geopolitics, Treasury yields, and the Federal Reserve's stance. Key events include Canada's CPI release at 8:30 AM ET and 13-week & 26-week Treasury Bill auctions at 11:00 AM ET. Kestra Medical and Dave & Buster’s will report earnings after market close. Markets remain sensitive to disruptions in major energy routes, with crude oil above $100, which could fuel inflation fears, push Treasury yields higher, and pressure equities. No major Fed speakers are scheduled ahead of this week’s FOMC meeting, which begins Tuesday with the rate decision on Wednesday at 2:00 PM ET.

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