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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.
Citi Tops Global IPO Underwriting, Overtakes Goldman Sachs in 2026
Citigroup takes top spot in global IPO underwriting through September 2026, ahead of Goldman Sachs, after advising on SK Hynix $26.5B and SpaceX $86B listings.
Honda Elevate Facelift Launches at Rs 11.80 Lakh with Bold New Design
Honda Elevate facelift launched in India at Rs 11.80 lakh with new LED design, upgraded interior, and six variants. Pre-bookings open with Rs 21,000 token amount.
Suboo Fashion Label Collapses into Liquidation with $655k Debt
Suboo, the Australian fashion label worn by Gigi Hadid and Kendall Jenner, has collapsed into liquidation with $655,000 in debts after 14 years in business.
Togo Supermarket Files for Bankruptcy in Kagoshima; 300M Yen Debt
Togo Supermarket in Kagoshima files for bankruptcy with 300 million yen in debt after sales collapsed from 1.2 billion to 580 million yen. Competition from convenience stores and a new rival supermarket accelerated the decline.
Deluge Raises S$23.4M in SGX IPO as Fire Safety Rules Tighten October 6
Deluge raises S$23.4M in SGX IPO priced at S$0.60 per share. The fire-protection firm holds 8.3% of Singapore’s market and eyes regional expansion as Malaysia tightens fire safety rules for 9,451 buildings.
SiriusXM Comedy Backlash: 66% of Comedians Cut as Maniscalco Takes Over October 6
SiriusXM replaced Raw Comedy with Sebastian Maniscalco’s channel, cutting 537 comedians from rotation. Working comics lost $15-per-spin royalties. Patton Oswalt, Michelle Wolf, and others demand restoration.