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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.
Dangote’s £12bn Kenya refinery breaks ground despite court order on September 30
Aliko Dangote breaks ground on £12bn Lamu refinery in Kenya on September 30, despite court order maintaining status quo on disputed land until October 14 hearing.
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.
RBA Hikes Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, the highest in 15 years. Fourth hike of 2026 adds $100 monthly to $700k mortgages. Markets price 60% chance of sixth hike by mid-2027.
US 10-Year Treasury Yield Hits 5.18% on September 24, Highest Since 2007
US 10-year Treasury yield hits 5.18% on September 24, highest since 2007. Real rates drive 96% of the 45 basis point surge. Bond prices fall as borrowing costs rise.
Stock Market Slides as Oil Spikes and AI Safety Concerns Mount
Stock markets slide worldwide as oil climbs on US-Iran deadlock and AI safety worries. Brent crude near $108, Treasury yields elevated, emerging markets hit hardest.