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DFI Retail Grabs Full Starbucks Control in Asia for US$340M on October 1
DFI Retail takes full control of 1,100+ Starbucks stores across Asia for US$340M cash, exiting Maxim’s joint venture. Stock jumps 6.6% as company targets billion-dollar business in three years.
Micron Surges on Record Q4 Earnings, Guides Q1 Revenue to $61.5B
Micron beat Q4 earnings with $33.42 EPS vs. $31.61 expected and $54.23B revenue vs. $51.07B forecast. Q1 guidance of $61.5B revenue far exceeds analyst estimates of $57B.
Shell Greenlights $33B LNG Canada Phase 2, Doubling Export Capacity to 28 Mtpa
Shell approves $33 billion LNG Canada Phase 2 expansion on September 29, doubling facility capacity to 28 mtpa by early 2030s. Meyka grades SHEL as A-rated Buy with 12-month forecast at $91.95.
Google Launches Fitbit Air in India at Rs 13,999 on October 2
Google launches Fitbit Air in India at Rs 13,999 with 24/7 heart rate monitoring, Afib alerts, and one-week battery life. Sales begin October 2 via Google Store and retail partners.
Micron Crushes Q4 Earnings, Guides Revenue to $61.5B on AI Chip Demand
Micron beats Q4 earnings with $54.23B revenue and $33.42 EPS, guides Q1 to $61.5B. Stock up 550% in 12 months as AI memory demand soars.
Canada Approves $33B LNG Expansion as Carney Backs Energy Push
LNG Canada greenlights $33 billion Phase 2 expansion in Kitimat, doubling capacity to 28 million tonnes per year and creating 4,000 jobs. Prime Minister Mark Carney calls it a nation-building investment.
RBA Lifts Rates to 4.6%, Highest Since 2011, as Mortgage Pain Deepens
RBA lifts cash rate to 4.6%, highest since 2011, adding A$120 monthly to average mortgages. Fourth rate rise of 2026 as inflation stays above 3%.
Spotify Outage Hits 19,000 Users on September 29; Stock Stable
Spotify outage on September 29 affected over 19,000 users across the US with login and search issues. Service recovered by afternoon. SPOT stock unaffected.
RBA Lifts Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, highest since 2011, citing elevated inflation from energy prices and AI demand. Mortgage holders face higher repayments; savers may see improved rates.