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Tempus AI Surges 10.7% on $200M Data-Licensing Bookings
Tempus AI (TEM) shares surged 10.7% after management revealed $200 million in new data-licensing contracts, highlighting strong AI-driven demand. Investors weigh this momentum against diagnostic pricing challenges.
ING Lifts Fixed Mortgage Rates by 20bps Ahead of RBA Decision
ING raises fixed mortgage rates by 20bps as RBA decision looms. Citi sees peak at 4.85%. Borrowers face higher costs.
Salesforce Rolls Out Global Login Fix Amid Dreamforce Disruption
Salesforce is rolling out a fix for a major login failure that disrupted services globally during Dreamforce. The outage, still active, has caused delays and errors for many customers.
Target Sells Pokémon 30th ETB; Mewtwo Promo Starts Oct. 2 at Other Retailers
Target sells the Pokémon 30th ETB, but the Mewtwo promo is exclusive to other chains starting Oct. 2. Investors see TGT's fandom push as key to traffic growth.
Australia's Diesel Price Surge: Supply Is Secure, but Costs Bite
Australia's diesel supply is secure with 32 days of stock, but record prices are fueling inflation and an expected RBA rate hike. ASX 200 fell 1% as energy costs hit miners.
Global Fuel Unrest Tests Fiscal Resolve as Oil Stays Above $100
Fuel-price protests are spreading globally as Brent holds above $100, forcing governments to choose between passing costs to consumers or absorbing them via subsidies.
Intel and SK hynix Explore US Memory Chip Production Options
Intel and SK hynix are in preliminary talks about manufacturing memory chips in the US, including a lease at Intel's Ohio site or a cloud-backed venture.
London Mansion Tax Looms as House Prices Slide 3.3%
London house prices dropped 3.3% in July, and four boroughs could supply £275M of the planned mansion tax. The levy, starting 2028, adds pressure on luxury market.
Futures Edge Higher Ahead of Fed's Likely Rate Hike
U.S. equity futures edged up 0.2% ahead of the Fed decision, with a quarter-point rate hike nearly fully priced in. The 10-year Treasury yield eased to 4.98% after briefly topping 5%.
US Crude Stock Surge Eases Oil Rally, But Fuel Prices Stay Elevated
Oil and fuel futures declined Wednesday after an industry report showed a larger-than-expected U.S. crude inventory build, but the drop may not translate to lower pump prices yet.