News

Oracle (ORCL.N) is on track for its biggest one-day drop in 12 weeks, currently down 6%.

U.S. Treasury official: Iran has halted loading and unloading of crude oil tankers due to U.S. blockade and sanctions.

The U.S. Treasury Department eased some sanctions against Russia until January 9, allowing certain administrative transactions involving Russia.

U.S. Treasury Department website: The United States has issued new sanctions related to Iran.

The Nasdaq extended its losses to 1%.

Market news: Oracle (ORCL.N) is considering alternative power supply solutions for its New Mexico data centers, including using trucks to transport natural gas to cope with delays in natural gas pipeline construction.

According to the Financial Times, OpenAI recently told investors that its annualized revenue was close to $50 billion as of the end of September.

According to the Financial Times, OpenAI's annualized revenue is about $20 billion less than previously indicated, based on financial documents shared with investors.

Ukraine's Energy Minister: Russia has sabotaged a key energy facility in Kyiv.

European Central Bank President Christine Lagarde told eurozone finance ministers that there are currently no signs of widespread price increases.

Renault CEO Storonsky: The goal is to push the company to a major U.S. listing.

According to the schedule of the IMF Bangkok Annual Meetings, Federal Reserve Chairman Walsh will deliver a speech at the International Monetary Fund (IMF) on October 16 local time.

US President Trump: The White House considers anyone who uses the term "artificial intelligence," rather than the more widely accepted and accurate new term "superintelligence," an enemy!

BP: Due to Hurricane Isaias, all personnel have been evacuated from the Nakika and Thunder Horse platforms, and production at both platforms has been shut down.

NASA and the U.S. Department of Energy have signed a memorandum of understanding to collaborate on the development of nuclear technology in space.

Apple has announced that it will hold a "Welcome Home" product launch event in New York on October 13.

Fannie Mae: The average interest rate for a 30-year fixed-rate mortgage in the U.S. was 7.40% in the week ending October 8, the highest level since November 16, 2023, up from 7.28% the previous week.

The EU Gas Coordination Group: LNG supply will depend on temperature and demand.

The EU Gas Coordination Group: Gas systems have sufficient flexibility in winter.

The EU stated that despite low storage levels, the natural gas system is prepared for winter.