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News Archive

October 13, 2026Connected
47 storiesLast updated: 12:56:18 AM

Stocks

StocksBearish

Syndax Pharmaceuticals Axatilimab Phase 2 IPF Trial Fails Primary Endpoint

Key Facts

  • •The MAXPIRe Phase 2 trial of axatilimab in idiopathic pulmonary fibrosis (IPF) did not meet its primary endpoint of the annualized rate of decline in forced vital capacity (FVC).
  • •Axatilimab was well tolerated with a safety profile consistent with previous clinical studies and no new safety signals identified.
Impact:
6/10
SNDX
about 5 hours ago

Crypto

CryptoBearishUpdated×2

Blur to Shut Down Frontend Next Month Amid Declining NFT Volumes

Key Facts

  • •Blur announced it will shut down its frontend next month while the protocol remains functional on-chain.
  • •The BLUR token price fell by more than 20% following the announcement.
Impact:
6/10
BLUR
about 1 hour ago
CryptoBullish

3iQ Receives In-Principle Approval from Abu Dhabi's FSRA

Key Facts

  • •Digital asset investment manager 3iQ has received in-principle approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi Global Market.
Impact:
5/10
about 2 hours ago

Geopolitics

GeopoliticsBearish

Canada-US Trade War Escalates as Trump Imposes 50% Duties on Exports

Key Facts

  • •The Trump administration imposed an additional 50% duty on a wide range of Canadian exports, including dairy and cement.
  • •Mark Carney’s government implemented dollar-for-dollar counter-tariffs targeting U.S. goods such as steel, aluminum, and electronics.
Impact:
6/10
about 1 hour ago

Commodities

CommoditiesNeutral

CME Corn Futures Hit Record Daily Trading Volume

Key Facts

  • •Corn futures at the Chicago Mercantile Exchange (CME) reached a new record for daily trading volume.
Impact:
5/10
about 2 hours ago
CommoditiesBullish

China Sustains Gold Accumulation to Bolster Yuan and Diversify Reserves

Key Facts

  • •China has increased its gold purchases every month for nearly two years to bolster its currency's global standing.
  • •Hong Kong plans to become a global gold trading hub with support for yuan-denominated transactions.
Impact:
5/10
about 2 hours ago

Macro Economy

Macro EconomyMixed

UK Retail Sales Rise 1.0% in September Beating Forecasts

Key Facts

  • •UK like-for-like sales rose 1.0% in September, beating the 0.7% forecast.
  • •Fuel spending jumped nearly 17% as diesel prices hit record highs.
  • •Barclays card spending growth slowed to 2.0% as consumers worry about the October 28 budget.
Impact:
5/10
BCS
about 2 hours ago
Macro EconomyBearish

BlackRock Closes Overweight US Equities Position, Shifts to Short-Term Bonds

Key Facts

  • •BlackRock has closed its overweight position in US equities and shifted focus toward short-term bonds.
Impact:
5/10
about 3 hours ago

Mergers & Acquisitions

Mergers & AcquisitionsBullish

Watsco Acquires The Granite Group as BBH Capital Partners Exits

Key Facts

  • •BBH Capital Partners announced the successful exit of its investment in The Granite Group.
  • •Watsco, Inc. has agreed to acquire The Granite Group, a distributor of plumbing and HVAC products.
Impact:
5/10
WSO-B
about 5 hours ago
Mergers & AcquisitionsBullish

SKK Holdings Completes $258.8 Million Acquisition of Rantizo Assets

Key Facts

  • •SKK Holdings completed the acquisition of drone assets from Rantizo, Inc. for $258.8 million.
  • •The company will change its name to Rantizo and shares are expected to trade on Nasdaq under the ticker RNTZ starting October 13, 2026.
Impact:
5/10
NDAQ
about 4 hours ago

Central Banks

Central BanksNeutral

Markets Await RBA Minutes and Labor Data to Gauge Rate Path

Key Facts

  • •The Reserve Bank of Australia is set to release its September policy meeting minutes on Tuesday, followed by labor force data on Thursday.
  • •The RBA raised the cash rate by 25 basis points to 4.60% in September, marking the fourth increase of the cycle.
  • •Westpac’s consumer sentiment index fell 4.7% to 80.4 in October, reflecting the impact of rate hikes on households.
Impact:
5/10
about 4 hours ago

Forex

ForexBullish

US Dollar Rises Broadly as EURUSD Hits 2026 Low Amid Bond Market Holiday

Key Facts

  • •The US dollar rose against all seven major currencies, with EURUSD hitting a new low for 2026.
  • •US cash Treasury markets were closed for a holiday, delaying market reaction to hawkish Fed comments.
  • •USDJPY moved above its 200-day moving average of 158.54 and maintained its position.
Impact:
5/10
EURUSDUSDJPYDXY
about 4 hours ago
StocksBearish

Yiren Digital Announces Police Notice Regarding CEO

Key Facts

  • •Yiren Digital announced it became aware of a police notice published on October 12, 2026, regarding the company's CEO.
Impact:
6/10
YRD
about 4 hours ago
StocksBullish

Nurix Therapeutics Q3 Earnings Beat Estimates on Strong Revenue Growth

Key Facts

  • •Nurix Therapeutics reported GAAP EPS of $4.73, beating estimates by $1.64.
  • •The company's revenue reached $673.1M, surpassing estimates by $193.58M.
Impact:
6/10
NRIX
about 5 hours ago
StocksBearish

Six Flags Shares Drop Following Fatal Roller Coaster Accident in Georgia

Key Facts

  • •Six Flags shares dropped sharply following a roller coaster incident in Georgia that resulted in one fatality and several injuries.
Impact:
6/10
SIX_FLAGS
about 1 hour ago
StocksBullishUpdated

Teradyne Invests $300M in FormFactor to Advance AI Chip Testing

Key Facts

  • •FormFactor and Teradyne announced a strategic collaboration to integrate their probe and testing technologies.
  • •The partnership aims to accelerate AI and high-performance compute deployments by improving semiconductor testing efficiency.
Impact:
5/10
FORMTER
about 4 hours ago
StocksMixed

Kroger to Cut 3,000 Corporate Jobs Over Three Years in Restructuring Move

Key Facts

  • •Kroger CEO Greg Foran announced a plan to eliminate approximately 3,000 corporate roles over the next three years.
Impact:
5/10
KR
about 3 hours ago
StocksBullish

A. O. Smith Board Approves 6% Quarterly Dividend Increase

Key Facts

  • •A. O. Smith's board of directors approved a 6% increase in the quarterly cash dividend to $0.38 per share.
Impact:
5/10
AOS
about 2 hours ago
StocksBearish

Harmony Biosciences Shares Fall Following Executive Leadership Changes

Key Facts

  • •Harmony Biosciences shares fell significantly on Monday following the announcement of major leadership changes.
Impact:
5/10
HRMY
about 2 hours ago
StocksMixed

Broadcom CEO Likens AI Investing to Gambling Despite $230B Revenue Target

Key Facts

  • •Broadcom CEO Hock Tan likened AI investing to casino gambling even as he targets $230 billion in chip sales by 2028.
  • •Broadcom forecasts annual AI chip revenue rising from $58 billion this fiscal year to $230 billion in fiscal 2028.
  • •Tan warned that access to financing, rather than memory chip shortages, could become the industry's biggest constraint.
Impact:
5/10
AVGOGOOGLJPM
about 1 hour ago
StocksBullish

ImmuCell Reports 46% Surge in Q3 2026 Preliminary Product Sales

Key Facts

  • •ImmuCell announced a 46% increase in product sales for the third quarter of 2026 based on preliminary, unaudited results.
Impact:
5/10
ICCC
about 5 hours ago
StocksBullish

Global Ship Lease Secures $1 Billion Loan Facility for Fleet Expansion

Key Facts

  • •Global Ship Lease agreed to a $1 billion syndicated loan facility with an interest rate of SOFR + 1.5% and a seven-year duration.
  • •The company intends to use the facility to fund the delivery of 15 newbuildings previously announced in June.
Impact:
5/10
GSL
about 5 hours ago
StocksBullish

Seadrill Secures $420M in New Rig Contracts and Extensions

Key Facts

  • •Seadrill secured a $420M rig award in Indonesia and extended its drilling operations in Malaysia and Angola.
Impact:
5/10
SDRL
about 4 hours ago
StocksBullish

S&P Upgrades SanDisk Credit Rating to Investment Grade BBB

Key Facts

  • •S&P Global Ratings upgraded SanDisk's credit rating to BBB, reaching investment grade status.
  • •The upgrade was supported by the company's cash flow exceeding $23 billion.
Impact:
5/10
about 3 hours ago
StocksBearish

Mueller Water Products Shares Decline Following CFO Transition Announcement

Key Facts

  • •Mueller Water Products shares declined following the announcement of a change in the Chief Financial Officer position.
Impact:
5/10
MWA
about 4 hours ago
StocksBearish

Kruger to Lay Off Over One-Third of Workforce in Major Restructuring

Key Facts

  • •Kruger plans to lay off more than a third of its employees as part of a comprehensive restructuring framework.
Impact:
5/10
about 4 hours ago
StocksNeutral

Northern Oil & Gas Reports Q3 Results and Executes Share Buybacks

Key Facts

  • •Northern Oil & Gas announced its financial results for the third quarter of 2026.
  • •The company revealed the execution of share buyback operations as part of its capital allocation strategy.
Impact:
5/10
NOG
about 5 hours ago
StocksNeutral

French Government to Become Top Shareholder in Mining Firm Eramet

Key Facts

  • •The French government is set to become the largest shareholder in mining company Eramet after increasing its stake.
Impact:
5/10
about 5 hours ago
StocksBullish

S&P Upgrades SanDisk to Investment Grade BBB on AI Memory Demand

Key Facts

  • •S&P Global Ratings upgraded SanDisk's credit rating to BBB, citing strong cash flow.
  • •The company's cash flow exceeded $23 billion, driven by robust demand for AI memory solutions.
Impact:
5/10
about 3 hours ago
StocksMixed

FERC Rejects PJM Plan for Data Center Power Curtailment

Key Facts

  • •The Federal Energy Regulatory Commission (FERC) rejected most of PJM Interconnection's temporary plan to curtail power usage at data centers.
Impact:
5/10
about 2 hours ago
StocksBullish

Cathie Wood's ARK Invest Buys Compass Pathways, Exits Personalised Inc

Key Facts

  • •Cathie Wood's ARK Invest purchased shares in Compass Pathways.
  • •The fund sold shares of Personalised Inc as part of its latest portfolio adjustments.
Impact:
5/10
CMPS
about 1 hour ago
StocksNeutral

Equity LifeStyle and Selective Insurance Set Q3 2026 Earnings Dates

Key Facts

  • •Equity LifeStyle Properties announced it will release Q3 2026 earnings on October 20, 2026, after market close.
  • •Selective Insurance Group scheduled its third quarter 2026 earnings release and conference call.
Impact:
4/10
ELSSIGI
about 5 hours ago
StocksNeutralUpdated

US Firms Palantir and CTS Corporation Schedule Q3 2026 Earnings Dates

Key Facts

  • •Palantir Technologies announced it will release Q3 results on November 2, 2026, after market close.
  • •Flotek Industries plans to issue its Q3 2026 financial results on November 3, 2026.
  • •Clearwater Paper Corporation will release its Q3 2026 results on October 26, 2026, after market close.
Impact:
4/10
PLTRFTKCLW
about 1 hour ago
StocksNeutral

Greenbrier and Howard Hughes Schedule Quarterly Earnings Release Dates

Key Facts

  • •The Greenbrier Companies announced it will report fiscal Q4 2026 results after market close on October 26, 2026.
  • •Howard Hughes Holdings Inc. will release its Q3 2026 earnings on November 5, 2026, after the market closes.
Impact:
4/10
GBXHHH
about 5 hours ago
CryptoBullish

Jeonbuk Bank Launches South Korea's First Bitcoin-Backed Loans

Key Facts

  • •Jeonbuk Bank executed South Korea's first traditional bank loan secured by Bitcoin collateral.
  • •The loans allow businesses to borrow Korean won without selling their Bitcoin holdings or surrendering ownership.
Impact:
5/10
BTC
about 3 hours ago
CryptoBullish

USDC Treasury Mints $250 Million in Stablecoins on Solana Network

Key Facts

  • •The USDC Treasury minted 250 million USDC in new supply on the Solana network on October 12.
Impact:
5/10
SOL
about 2 hours ago
CryptoBullishUpdated

Strategy Targets 10% Annual Growth in Bitcoin Holdings Per Share

Key Facts

  • •Strategy aims to double its Bitcoin holdings per share on a rolling basis within seven years.
Impact:
5/10
MSTRBTC
44 minutes ago
CryptoBearish

Zcash Drops 6.8% as Long Liquidations Hit $5.07M

Key Facts

  • •Zcash price dropped 6.8% within four hours to reach $1,159.
  • •One-hour long liquidations reached $5.07 million across three major exchanges.
  • •The cryptocurrency recorded a total decline of 9.36% over a 24-hour period.
Impact:
5/10
ZEC
about 1 hour ago
GeopoliticsMixed

US Senators Demand Trump Reverse Russian Diesel Import Decision

Key Facts

  • •A bipartisan group of seven senators demanded President Trump reverse his decision to allow Russian diesel imports.
  • •Lawmakers claim the deal violates a 2022 federal law prohibiting Russian energy imports following the invasion of Ukraine.
  • •The US Treasury Department authorized Russian diesel imports through April 2027 to combat record-high fuel prices.
Impact:
6/10
about 3 hours ago
GeopoliticsBearish

Oil CEOs Withdraw from Riyadh Energy Congress Following Security Concerns

Key Facts

  • •CEOs of ExxonMobil, Shell, Chevron, and BP were removed from the Riyadh WPC Energy Congress agenda following security concerns.
  • •Saudi Energy Minister Abdulaziz bin Salman acknowledged ongoing risks following the recent strike on King Khalid Airport.
  • •Aramco CEO Amin Nasser warned that global crude oil pressure will worsen until the Strait of Hormuz is fully reopened.
Impact:
6/10
XOMSHELCVX
about 2 hours ago
CommoditiesMixed

Saudi Arabia Eyes 1.2M bpd Oil Boost via Gas Pipeline Conversion

Key Facts

  • •Saudi Arabia is considering converting a gas pipeline to carry crude oil, potentially adding 1.2 million bpd within seven to eight weeks.
  • •The Saudi Energy Ministry aims to raise total pipeline export capacity to 10 million bpd over the next two to three years.
  • •Increased exports may face constraints due to Yanbu port's loading capacity, which is limited to approximately 4.5 million bpd.
Impact:
5/10
about 2 hours ago
CommoditiesBullish

Global Coal Demand Surges as Persian Gulf LNG Supply Remains Constrained

Key Facts

  • •LNG flows from the Persian Gulf remain over 75% lower than levels seen before February 28th.
  • •European November natural gas benchmark contracts are trading above 81 euros per MWh.
  • •Asian spot LNG prices have surpassed European prices, drawing cargoes toward the East.
Impact:
5/10
about 3 hours ago
CommoditiesBullish

Murphy Oil Announces New Offshore Discoveries and Start of Production

Key Facts

  • •Murphy Oil announced new offshore oil discoveries and the commencement of production operations.
Impact:
5/10
about 4 hours ago
Macro EconomyBearish

Japan PPI Declines in September Driven by Stronger Yen and Lower Oil Costs

Key Facts

  • •Japan's Producer Price Index (PPI) declined in September, driven by a stronger yen and falling oil prices.
Impact:
5/10
about 1 hour ago
Central BanksNeutral

Japan Wholesale Inflation Slows to 6.8% in September as Import Costs Surge

Key Facts

  • •Japan's corporate goods price index rose 6.8% year-on-year in September, missing the median market forecast of 7.6%.
  • •The yen-based import price index jumped 24.5% year-on-year, highlighting how currency weakness is driving up raw material costs.
Impact:
5/10
24 minutes ago
Central BanksBullish

RBA Hikes Rates to 4.60% Citing AI Boom and Oil Prices as Inflation Risks

Key Facts

  • •The RBA board unanimously voted to raise the cash rate by 25 basis points to 4.60% during its September meeting.
  • •The board cited three inflation risks: Middle East conflict lifting oil prices, AI boom cost pressures, and tighter domestic capacity.
Impact:
5/10
16 minutes ago
ForexBullish

PBOC Expected to Set Yuan Reference Rate at 6.6981 Amid Policy Shift

Key Facts

  • •Reuters estimates the PBOC will set the USD/CNY reference rate at 6.6981.
  • •Goldman Sachs suggests the yuan is undervalued by up to 25% and markets underestimate its potential rise.
Impact:
5/10
GS
28 minutes ago