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NAB Eyes HSBC Australia Deposits as Stock Dips 1.4%
NAB is among potential buyers reviewing HSBC Australia's deposit book, but missing terms and broader sector declines leave investors cautious.
Firmus IPO Roadshow Targets A$50B Valuation, Prospectus Awaited
Firmus Technologies is sounding out investors for an IPO that could raise up to A$7 billion and value the AI-infrastructure firm above A$50 billion, but the prospectus with audited financials is still awaited.
Amazon Prime Refund Expansion Approved: Payouts Rise to $200, Cap Unchanged
A federal court approved a faster distribution plan for Amazon Prime refunds, raising per-person payouts to $200 while keeping the $1.5 billion cap. Amazon shares closed higher, but volume was subdued.
Twitch CEO Predicts GTA VI Multiplayer in 2027, Rockstar Silent
Twitch CEO Dan Clancy expects GTA VI multiplayer in 2027, but Rockstar hasn't confirmed. The gap creates uncertainty for Take-Two's forecasts.
Palantir CEO's AI Liability Stance: A Double-Edged Sword for Investors
Palantir CEO Alex Karp's call for AI liability rules could favor its controlled deployment model, but the company's own filing highlights regulatory and error risks. Stock closed at $176.24.
Rocket Companies Faces Investor Skepticism as Mortgage Rates Rebound
Rocket Companies (RKT) shares dropped 2.9% as mortgage rates rose to 6.95%, raising concerns about origination volume despite a $2 trillion servicing book.
Amazon's Prime Big Deal Days to Test Retail Margins Amid Shipping Cost Pressures
Amazon's Prime Big Deal Days kicks off Oct 6-7, testing whether higher-margin revenue streams can offset shipping cost pressures and preserve the 7.9% North America operating margin.
UK Minimum Wage Set at £12.71 for 2026; £13.18 Is a 2027 Projection
The UK’s adult minimum wage is £12.71 an hour in 2026. A £13.18 figure often cited is a 2027 projection, not law. Investors should assess payroll impact.
Paradium.AI Shares Halted After 271% Surge on $1B Roundtable Pact
Paradium.AI shares were halted after a 271% surge to $3.34 as a $1B Roundtable agreement awaits $89M funding. Trading remains suspended pending details.
Ultragenyx Soars 12.6% on FDA Full Approval of Gene Therapy FAYUVI
Ultragenyx shares surged 12.6% after FDA full approval of FAYUVI, a gene therapy for Sanfilippo syndrome type A. The company plans to launch within 30-60 days.
Schrödinger Surges 26% as Investors Bet Big on Tectora Spinout
Schrödinger stock soared 26% on Sept. 17, adding $472M in market cap, as investors rallied around the Tectora spinout despite undisclosed financial terms.