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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.
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.
Rakuten Stock Slides as 101M Member Data Breach Claim Surfaces October 6
Rakuten denies a claim that 101 million member records are being sold on the dark web for $700. The company separately confirmed a breach of its cloud storage service affecting 15,382 accounts.
Ticketmaster Outage Strands Fans, Reignites Antitrust Debate October 6
Ticketmaster ticket transfers failed Friday, stranding fans at concerts and sports events. The outage lasted into Saturday and reignited antitrust concerns over the company’s control of live ticketing infrastructure.
Russian Lab Worker Dies of Suspected Plague; US Monitoring Closely
A Russian laboratory worker at a plague research institute in Irkutsk died of suspected pneumonic plague. US Secretary of State Marco Rubio says Washington is monitoring the situation closely, though Russian authorities say there is no cause for alarm.
Goldman Sachs Lifts Steadfast Stake to 7.48% with 83.2M Shares
Goldman Sachs raises Steadfast Group stake to 7.48% with 83.2 million shares. Meyka grades SDF.AX B+, targeting A$4.53 yearly. What this means for investors.
Dennis Hastert, Former House Speaker, Dies at 84 After Prison for Abuse Crimes
Former House Speaker Dennis Hastert died at 84 after serving prison time for financial crimes tied to payments concealing his sexual abuse of high school wrestlers decades earlier.
Honda Develops Wireless EV Charging for Highways, Tests Begin 2027
Honda develops wireless charging system for moving EVs with Taisei. Tests planned for Tateyama Expressway in fiscal 2027. Technology supports speeds up to 120 km/h and large commercial vehicles.