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U.S. to reportedly lend Vistra $4.2 billion to expand nuclear power output
Company News

U.S. to reportedly lend Vistra $4.2 billion to expand nuclear power output

INVESTING.COM

Investing.com -- The U.S. government reportedly plans to provide about $4.2 billion in financing to power producer Vistra to increase electricity generation from its nuclear fleet, as Washington pushes to expand nuclear capacity to meet rising power demand.

U.S. Energy Secretary Chris Wright is expected to announce the financing on Monday during a visit to one of Vistra's nuclear facilities along Lake Erie in Ohio, a report from Reuters News said. The planned financing comes as U.S. electricity demand accelerates after decades of relatively modest growth. The expansion of artificial-intelligence data centers, wider electrification and cryptocurrency mining are among the factors driving demand for additional power.

The financing would support efforts to increase the output, or "uprate," of at least three of Vistra's four nuclear power stations, the report added.

Nuclear plants can be uprated through several methods, including using more enriched fuel or increasing the amount of new f

High interest rates are foreclosing on the American home remodeling dream
Macro News

High interest rates are foreclosing on the American home remodeling dream

CNBC.COM

In this article

With mortgage rates continuing to stay untenably high for most Americans, many are staying put. But that doesn’t mean homes don’t need improving and upkeep. And some homeowners figure that if they can’t move into a new home, they’ll make their old home “newer” — a new deck or perhaps a walk-in closet.

Traditionally, a home equity loan or home equity line of credit would be the first tool to reach for. But even those are getting too expensive for homeowners. This leaves homeowners effectively trapped in aging homes with no easy way out, or way to improve them.

And even when homeowners are tapping into home equity loans — homeowners did originate nearly 20% more second mortgages or HELOCs in the second quarter of this year compared with the first quarter — they likely aren’t using the equity for improvements. Experts say they are using them to stay afloat.

Untapped or expensive, Americans are sitting on a record amount of home equity.

“As rates keep rising, tapping i

Roblox director Gregory Baszucki sells over $714k in shares
Company News

Roblox director Gregory Baszucki sells over $714k in shares

INVESTING.COM

Gregory Baszucki, a director at Roblox Corp (NYSE:RBLX), sold shares totaling $714,441 on October 1, 2026. The sales were executed at prices ranging between $42.5727 and $43.0342 per share. These transactions were conducted under a Rule 10b5-1 trading plan, which Mr. Baszucki adopted on November 28, 2025.The insider sale comes as Roblox stock trades at $44.10, down 67% over the past year and 46% year-to-date. According to InvestingPro analysis, the stock appears undervalued at current levels, with shares trading well below their Fair Value estimate.

Mr. Baszucki disposed of 3,001 shares of Class A Common Stock at a weighted average price of $42.5735, and an additional 5,332 shares at a weighted average price of $43.0342. These shares were held indirectly through the Greg and Christina Baszucki Living Trust, for which Mr. Baszucki serves as trustee.

Further sales included 2,999 shares at a weighted average price of $42.5727 and 5,334 shares at a weighted average price of $43.0342. The

Bessent says rising Treasury yields reflect global trend, not cause for alarm
Macro News

Bessent says rising Treasury yields reflect global trend, not cause for alarm

INVESTING.COM

Investing.com -- U.S. Treasury Secretary Scott Bessent said the recent rise in Treasury yields largely reflects a broader global increase in borrowing costs and does not, by itself, warrant concern, even as inflation pressures and heavy government borrowing have pushed benchmark yields to multi-decade highs.

In an interview with Axios published on Saturday, Bessent said he would be more concerned if U.S. yields were rising for reasons specific to the country's financial markets. He pointed to the fact that investors were not simply shifting out of Treasuries and into German or Japanese government bonds, suggesting that the move reflected a broader repricing of global debt markets.

His comments come as investors assess whether elevated long-term yields represent a temporary adjustment or a more lasting shift toward a higher-cost global borrowing environment.

Bessent said the Treasury could not dictate where bond yields trade, but that policymakers could encourage investors to step ba

Apple says it will flag AI requests for Mac data after Meta’s Muse draws complaints
Company News

Apple says it will flag AI requests for Mac data after Meta’s Muse draws complaints

INVESTING.COM

By Stephen Nellis

SAN FRANCISCO, Oct 2 (Reuters) - Apple said on Friday that it plans to change its Mac operating system to make it more obvious when AI agents ask to access all of the data on Macs.

Some users have criticized Meta’s Muse, an AI agent capable of carrying out complex tasks like canceling unused subscriptions or haggling for better prices. These people claimed the agent accessed what users believed to be private messages.

On Apple’s iPhones and iPads, no single app can access data inside another app by default, a technique called sandboxing. But Apple’s Macs are more flexible, with a "Full Disk Access" option that allows apps such as cloud backup services to access all the data on a machine, with a user’s permission.

Apple on Friday said some developers were using the Full Disk Access feature in ways that could put users at risk.

"Going forward, we will introduce additional controls to ensure that users who genuinely wish to grant an app this extraordinary level of a

Tesla’s Cybercab had a rocky first month in Austin. Now comes the hard part: expanding
Company News

Tesla’s Cybercab had a rocky first month in Austin. Now comes the hard part: expanding

CNBC.COM

In this article

In the month since Tesla’s Cybercab rollout in Austin, the company has almost quadrupled the number of its driverless, bronze two-seaters authorized for commercial service in Texas. For Elon Musk to achieve his ambitions, growth has to pick up

The unusual driverless vehicles, with no steering wheel, pedals, rear or sideview mirrors or outside door handles, have received mixed reviews from paying passengers, who shared videos and posts online after the launch on Sept. 3. Criticisms have included lengthy wait times, pickups and drop-offs in the wrong place, and technical difficulties with the vehicles’ butterfly doors or trunk closing improperly.

Improving its driverless technology and rapidly growing the Robotaxi service are key to Tesla’s effort to reignite investor enthusiasm. Auto sales have been sluggish for an extended period, and the shares have been a loser on Wall Street this year, down 18%, the only megacap tech stock that’s failed to generate positive return

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US Treasury Secretary Scott Bessent states rising Treasury yields are a global phenomenon, not a specific US concern, despite the 10-year yield hitting 2002 highs 🔗. He attributes the rise to broader borrowing costs, persistent inflation, heavy government borrowing, and AI infrastructure debt 🔗. Bessent suggests policymakers assess the wider economic picture, as the Treasury cannot dictate yield levels 🔗.

Bessent says rising Treasury yields reflect global trend, not cause for alarm

Bessent says rising Treasury yields reflect global trend, not cause for alarm

INVESTING.COMOct 3, 4:49 PM UTC
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Rising interest rates are making home equity loans (HELOCs) too expensive for home renovations, forcing homeowners to use them to 'stay afloat' rather than for improvements 🔗. This trend is a direct consequence of the Fed's policy to curb inflation by reducing consumer spending 🔗.

Key impacts:

  • Consumer Spending: High rates are expected to particularly hit big-ticket items like home renovations, further slowing consumer spending which is already lagging as a GDP driver 🔗.
  • Economic Risk: The economy has little cushion due to a soft jobs market, declining wage growth, and high energy prices, making consumer spending weakness a significant risk 🔗.
High interest rates are foreclosing on the American home remodeling dream

High interest rates are foreclosing on the American home remodeling dream

CNBC.COMOct 3, 1:11 PM UTC
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The U.S. economy added significantly fewer jobs than anticipated in September, with nonfarm payrolls increasing by only 29,000 against an expected 89,000. The unemployment rate also ticked up to 4.2% from 4.1% 🔗. This data is likely to influence the Federal Reserve's upcoming interest rate decisions, potentially signaling a cooling labor market.

U.S. economy adds 29,000 jobs in September

U.S. economy adds 29,000 jobs in September

STREETINSIDER.COMOct 2, 12:39 PM UTC
2

Oil prices are sharply lower, with Brent crude falling over 3% to below $99/barrel, following reports of a potential release of diesel and crude stocks 🔗. European Union member states are reportedly discussing a French proposal for a 50 million barrel diesel release and an additional 50 million barrels of crude from IEA members 🔗. This comes as the EU holds crisis talks on soaring diesel prices, urged by the U.S. Treasury Secretary 🔗. The development signals potential easing of global supply shortages, impacting energy markets. Geopolitical tensions remain, with a tanker struck in the Strait of Hormuz 🔗.

Oil prices fall over 3% on report of potential diesel, crude stock release; Brent back below $100

Oil prices fall over 3% on report of potential diesel, crude stock release; Brent back below $100

CNBC.COMOct 2, 9:34 AM UTC
Tanker struck by projectile in Strait of Hormuz

Tanker struck by projectile in Strait of Hormuz

STREETINSIDER.COMOct 2, 9:26 AM UTC
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Global M&A activity fell 41% quarter-over-quarter to $993 billion in Q3 2026, marking the first time since Q2 2025 that quarterly deal value dropped below $1 trillion 🔗. Rising borrowing costs are cited as a primary factor, with the benchmark 10-year US Treasury yield hitting a 2002 high of 5.34% 🔗. Despite the quarterly slowdown, year-to-date M&A is up 28% to $3.9 trillion, the highest level since 2001, driven by historic tech sector investment 🔗.

Global M&A deal rush fades in third quarter as rising borrowing costs bite

Global M&A deal rush fades in third quarter as rising borrowing costs bite

INVESTING.COMOct 1, 11:24 PM UTC
0

Antelope Enterprise Holdings Ltd (NASDAQ: AEHL) shares fell 5.5% in after-hours trading following the announcement of a $100 million at-the-market share offering program 🔗. The company plans to sell Class A ordinary shares at prevailing market prices to fund general corporate purposes, including working capital and strategic initiatives 🔗. This move is expected to diversify financing channels and strengthen financial flexibility 🔗.

Antelope Enterprise stock falls on $100M share offering plan

Antelope Enterprise stock falls on $100M share offering plan

STREETINSIDER.COMOct 1, 8:44 PM UTC
1

Raymond James reports a significant Q3 2026 decline across retail and digital commerce stocks, driven by rising oil prices, higher interest rates, and inflation concerns 🔗.

Key impacts:

  • Softline Retail & Brands: Down 8% on average.
  • Digital Commerce: Dropped 5%.
  • Active Apparel/Footwear: Fell 15%, P/E multiples contracted to 14x (vs. 5-year avg. 19x). Under Armour, Birkenstock, Deckers, Nike, Lululemon, On all saw double-digit losses 🔗.
  • Premium Apparel/Accessories: Down 21%, P/E multiples contracted to 11x (vs. 5-year avg. 12.5x) 🔗.

This broad pullback occurred despite a solid Q2 earnings season, indicating macro factors are now outweighing company-specific performance for the sector 🔗.

Raymond James sees broad pullback in retail stocks during 3Q26

Raymond James sees broad pullback in retail stocks during 3Q26

STREETINSIDER.COMOct 1, 6:26 PM UTC
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Enerflex Ltd. (EFXT) shares jumped 11% premarket after securing a contract to supply approximately 450 megawatts of natural gas-fired power generation units for a North American data center developer 🔗.

Key details:

  • Contract Scope: Design, engineer, fabricate, and assemble behind-the-meter power generation units.
  • Timeline: Deliveries scheduled from 2027 to 2028.
  • Expansion: Enerflex is expanding its Engineered Systems business line, with $15M in 2026 capex and an additional $85M authorized for 2027 investments 🔗.

This contract highlights growing demand for reliable, off-grid power solutions for AI and digital infrastructure, leveraging Enerflex's integrated capabilities. The company's opportunity pipeline now exceeds 2 GW 🔗.

Enerflex spikes on 450 MW data center power contract

Enerflex spikes on 450 MW data center power contract

STREETINSIDER.COMOct 1, 1:23 PM UTC
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Accenture (ACN) shares surged 18% after reporting Q4 earnings and revenue that topped Wall Street estimates, alongside robust new bookings of $22.2B (vs. $20.04B consensus) and raised FY27 guidance. The strong performance lifted global software and IT services stocks, including Globant (+10%), Capgemini (+9%), Cognizant (+8%), Infosys (+8%), EPAM Systems (+7%), and IBM (+5%). The results signal renewed optimism for enterprise spending in the sector 🔗.

Global software stocks rally after Accenture reports strong earnings

Global software stocks rally after Accenture reports strong earnings

STREETINSIDER.COMOct 1, 1:27 PM UTC
1

Jefferies has cut its view on the AI sector, citing intensifying competition and a widening US-China intelligence gap. The average API price gap between US and Chinese frontier models grew to 70% in September from 60% in August. OpenAI's GPT-6 Astra launched at a 150% premium, while other models saw significant price cuts, indicating a push into mid-to-low-end segments. This suggests a potential margin squeeze and increased volatility for AI players 🔗.

Jefferies cuts AI sector view as price war intensifies, US-China gap widens

Jefferies cuts AI sector view as price war intensifies, US-China gap widens

STREETINSIDER.COMOct 1, 10:01 AM UTC
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