1h agoIndian Stocks Open Flat on Oct. 6; US-India Trade Frictions, Elevated Oil and RBI Hike Bets Curb SentimentIndian equities opened largely unchanged on Oct. 6, with the Nifty and Sensex trading flat as investor sentiment stayed cautious. Markets were pressured by setbacks in US-India trade deal negotiations, persistently high crude prices and expectations the Reserve Bank of India could raise rates. The rupee opened slightly weaker at 96.32 per US dollar versus 96.29 at the previous close. Brent crude held around US$100 a barrel. Middle East exports and G7 reserve releases eased some supply concerns, though renewed Houthi attacks on Saudi targets kept risk appetite in check.1h agoGoogle Cloud to retire Blockchain Node Engine and Blockchain RPC services on Dec. 15, 2026Google Cloud has confirmed it will shut down its Blockchain Node Engine and Blockchain RPC services on December 15, 2026, and is urging customers to migrate as soon as possible, Odaily Planet Daily reported. The company has partnered with blockchain infrastructure provider Quicknode, naming it the officially recommended replacement for RPC infrastructure. Users can redeploy nodes and RPC endpoints through Google Cloud Marketplace or directly on the Quicknode platform. Before the cutoff date, customers are required to update application configurations and validate workloads. Google said it will automatically remove existing Blockchain RPC endpoints on December 15.1h agoMoonshot AI targets early-2027 Hong Kong IPO at about $50B valuationMoonshot AI (Moonshot) has completed its final round of private fundraising, valuing the company at roughly $50 billion, and is preparing for an initial public offering in Hong Kong in early 2027. The listing could raise as much as $5 billion. The company expects annual recurring revenue to reach $2 billion by December, up from $1 billion currently. Moonshot's valuation had climbed to $31.5 billion in the summer.2h agoSolana Unveils Open-Source DvP Settlement Standard With Input From J.P. MorganSolana has introduced an open-source program called DvP, positioning it as a next-generation settlement standard for institutional users. Developed with input from J.P. Morgan, the initiative enables atomic settlement of transactions, delivering finality within seconds—an alternative to traditional settlement cycles that can take days. Designed specifically for institutional workflows, the approach aims to combine the counterparty requirements of traditional finance with blockchain efficiency, marking a new step in Solana's push toward compliant, institution-ready infrastructure.3h agoBuy, hold, sell: New Hope, Cleanaway Waste Management and NextDCNextDC reported FY2026 revenue of A$496.5 million, up 16% year on year. Underlying EBITDA rose 15% to A$248.8 million. The company guided to FY2027 underlying EBITDA of A$385 million to A$410 million. Cleanaway Waste Management said it has received a conditional, non-binding indicative acquisition proposal from EQT Infrastructure, offering A$3.13 in cash per share. The proposal values the transaction at about A$9.4 billion. New Hope Corporation shares were slightly lower on the day.4h agoBlaize Issues Preliminary Q3 FY2026 Revenue Update, Revises Full-Year OutlookBlaize said preliminary revenue for the third quarter of fiscal 2026 was about $0.5 million, well below expectations. The company also cut its full-year revenue guidance to a range of $32 million to $36 million. Management said the updated outlook is based on irrevocable purchase orders from NeoTensr as well as a new order pending signature from an existing customer. Blaize added that shipments to NeoTensr during the quarter relate to a previously disclosed contract valued at up to $50 million.4h agoSpyre Therapeutics Prices $350.0 Million Underwritten Public OfferingBiotechnology company Spyre Therapeutics said it has priced an underwritten public offering of 4,117,648 shares of common stock at $85.00 per share. Gross proceeds are expected to be approximately $350.0 million, before underwriting discounts and offering expenses.4h agoBig Tech lifts Nasdaq to a fresh record as 10-year Treasury yield hits its highest since 2002Oct. 6 — U.S. stocks finished Monday higher, with the Nasdaq Composite climbing 1.05% to a new all-time closing high as mega-cap technology shares extended their rally, according to BIT (bit.com) market data cited by Huo Xing Finance. The Dow Jones Industrial Average added 0.18% and the S&P 500 rose 0.67%. SpaceX surged nearly 8%. Tesla, NVIDIA and Broadcom each gained more than 2%, while Meta advanced 1.9%. TSMC's U.S.-listed ADR rose 2.75%, with its market capitalization briefly topping $2.5 trillion to set a new record. Chipmakers broadly lagged. Intel, Qualcomm, ARM, ASML and AMD ended lower, and the Philadelphia Semiconductor Index added less than 0.3%. Despite headline gains, market breadth weakened further. Monday was the 15th straight session in which the number of stocks making new lows exceeded those hitting new highs. Fundstrat data showed about 20% of Russell 3000 constituents trading above their 50-day moving average, while the share above the 200-day moving average slipped to just over 40%—the lowest level this year. Goldman Sachs said some fundamental long/short funds are cutting risk, with aggregate net positioning around the 2nd percentile versus the past five years. Treasury yields moved sharply higher. The 10-year and 30-year U.S. yields rose intraday to 5.34% and 5.70%, respectively, both the highest since 2002. On the data front, the U.S. September ISM Services PMI eased to 54.9, while the services prices index climbed to 74.0 from 72.6, a four-year high. The combination fueled concerns that inflation pressures may prove sticky and keep interest rates elevated for longer.4h agoBofA, Citi and Morgan Stanley syndicate $60bn debt package to fund Anthropic's AI chip leasesBank of America, Citigroup and Morgan Stanley have started syndicating parts of a $60 billion debt financing package to other lenders, the Financial Times reported on October 6. Proceeds will support Anthropic's plan to lease Google chips to secure AI computing capacity, marking what is expected to be a record-setting financing tied to chip-related demand. The banks have already underwritten the transaction. The structure includes about $42 billion of senior secured loans backed by Broadcom, a tranche that has already entered syndication. With Broadcom's A-rated credit profile, this senior debt could later be placed via private markets or sold in the investment-grade bond market. A further $18 billion of unsecured subordinated debt is slated to come later. Blackstone has committed roughly $9 billion of that amount. The funding is intended to finance Anthropic's chip orders for 2027, with lease payments beginning once the chips are delivered. Because subordinated lenders would take direct exposure to Anthropic's credit risk, the banks may delay marketing that portion until after the company's planned IPO, seeking greater financial disclosure. The deal is being watched as a bellwether for investor appetite for AI-linked debt financing.6h agoAre CSL shares worth buying after its latest deal?CSL Limited has struck a major drug-development partnership with Alentis for an experimental therapy targeting Claudin-1. The candidate is currently in a Phase II trial for a rare autoimmune kidney disease. Under the agreement, CSL will pay an upfront US$355 million and fund the costs of the subsequent development program. If the drug reaches the market, CSL will receive 55% of global profits, with Alentis taking 45%. CSL shares were trading around A$177 on Tuesday. Based on consensus forecasts for FY27 to FY29 earnings per share of A$8.99 to A$10.08, the stock is valued at about 20 times earnings, easing to roughly 17.5 times on the same estimates.