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Citi Raises AMD Target to $800 on Meta Muse CPU Boom, October 7
Citi analyst raises AMD price target 39% to $800 after Meta Muse launch. CPU market seen expanding to $300B by 2030. AMD stock hits record high at $649.42.
AMD Hits $1 Trillion Market Cap as Meta Muse Drives CPU Demand Surge
AMD stock jumps 2.8% to $649.42 as Meta Muse and OpenAI Dots AI agents run on AMD EPYC CPUs, lifting the chipmaker into the trillion-dollar market cap club and outpacing tech megacaps.
EU Proposes Eight New Members by 2028; Germany Pumps Brakes on Expansion
EU Commission proposes admitting eight new member states by 2028, but Germany, France, and others demand strict safeguards. Montenegro could join by 2028, Ukraine by 2030.
ASOS Stock Plunges 9.6% After Hackers Send Ransom Demand via App
ASOS shares fell 9.6% after hackers sent a ransom demand via push notification to app users, claiming access to basic customer information including names and contact details.
DOJ Files 40 Denaturalization Cases, Largest Push in Modern History
DOJ files denaturalization actions against 40 naturalized citizens accused of crimes including espionage, money laundering, and sexual offenses. Attorney General Todd Blanche calls it the largest such effort in modern history.
World-Renowned Pianist Soichiro Arida Charged Over 84 km/h Speeding on Tokyo Expressway
World-class pianist Soichiro Arida indicted for speeding 84 km/h over the limit on Tokyo expressway. Trial concluded October 6; verdict set for October 29.
Greens Propose $25bn Plan to Nationalise 200 Coles and Woolworths Stores
Greens propose $25bn plan to nationalise 200+ Coles and Woolworths supermarkets and open 424 public stores called Fair Go Grocers, claiming savings of 22% on average grocery bills.
Jim Bakker, PTL Televangelist Convicted of Fraud, Dies at 86
Jim Bakker, founder of the PTL Club and Heritage USA theme park, dies at 86. The televangelist was convicted of defrauding followers and served over four years in prison after a 1987 sex scandal.
Jeffrey Archer, Bestselling Author and Former Tory MP, Dies at 86
Jeffrey Archer, bestselling novelist and former Conservative MP jailed for perjury in 2001, has died aged 86. He sold over 300 million books across five decades.