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Oil prices rose after Houthi strikes closed Riyadh's airport, adding to Middle East supply worries. Energy shares gained, with the sector ETF up roughly 0.6% in early trading Monday. Delta Air Lines said it is delaying the launch of its Atlanta-Riyadh service indefinitely. The move comes days after Delta cut its annual profit outlook on higher fuel costs, a reminder of how closely airline results track crude prices. Energy majors such as Chevron and BP typically benefit from

Verizon shares rose about 2.4% in a rally tied to its share repurchase program, while T-Mobile gained roughly 2.9% to near $153 after an upgrade from Raymond James. The moves offer some relief to a telecom group that was pressured last week by news of a SpaceX spectrum deal. The communications sector ETF was up about 0.4% in early trading. Investors are weighing buybacks and dividends against heavy network spending and competition from satellite-based entrants. AT&T and Veriz

Albertsons is seeking more than $9 billion from Kroger in connection with their failed merger, according to market reports, reopening a dispute that has hung over the grocery industry. The claim could weigh on Kroger if pursued, even as grocers contend with food-price pressures and a consumer-sentiment reading that recently slipped to 46.3. Kroger has previously defended its handling of the deal. Details of the claim, including timing and the legal path, remain unclear. Inves

Digital assets bounced on Monday, with the Ether ETF ETHA up about 3.2% and the iShares Bitcoin Trust IBIT up about 1.4%, in what one market summary described as a return of risk appetite. The rally follows recent reports that Riot Platforms sold bitcoin to fund its shift toward AI data centers, part of a wider trend of miners redirecting power capacity toward computing demand. Strategy also reported buying another 250 bitcoin. Crypto remains volatile and sensitive to interes

JPMorgan Chase kicked off big-bank earnings on Tuesday with a rare miss, reporting third-quarter earnings of $5.75 per share against analyst expectations of $5.93. Revenue came in at about $50.17 billion, short of the roughly $51.23 billion consensus. The report sets the tone for Goldman Sachs, Wells Fargo and Citigroup, which also report this week, and puts large lenders such as Bank of America in focus. Investors will be watching trading revenue, credit costs and net intere

Gold rose more than 1% on Friday to roughly $4,210 to $4,220 an ounce, while silver gained about 2% to near $60.58, lifting precious-metals miners across the market. Metal-mining stocks gained about 2.6% on the day as investors weighed geopolitical risk, elevated oil prices and a Federal Reserve that recently raised rates to a 3.75% to 4.00% range. Gold and silver producers such as Hecla Mining and Pan American Silver are sensitive to moves in the underlying metals, and diver

September inflation data due Wednesday is seen as a key test of whether the Federal Reserve can pause after raising rates to 3.75% to 4.00% last month. The 10-year Treasury yield sits near 5.25%, just off a 24-year high of almost 5.37% reached Wednesday. Retail sales follow Thursday and industrial production on Friday, while big banks begin third-quarter earnings Tuesday. Rate-sensitive holdings such as real estate investment trusts like Realty Income and Agree Realty, as wel

Technology shares rebounded Friday after a sell-off a day earlier, when AI and chip stocks fell following a Financial Times report that OpenAI's annualized revenue run rate reached about $50 billion in September, roughly $20 billion below a figure circulated in late September. Separately, Nikkei Asia reported that Apple cut iPhone 18 Pro component orders by 15% to 20% for October. Apple shares fell about 2% and Skyworks Solutions dropped more than 6%, while HP slid about 6% o

Hurricane Isaias has shut in roughly 63% of Gulf of Mexico oil output, about 1.28 million barrels per day, with 121 offshore platforms evacuated, according to market reports on Friday. Brent crude eased to about $103 and WTI to roughly $91 after President Trump said the U.S. would not strike Iran before the Nov. 3 midterms. Brent had closed up nearly 4% on Thursday, and Houthi attacks near Riyadh and an Iranian claim of a strike on an LPG carrier kept Middle East risk in focu

The University of Michigan consumer sentiment index fell to 46.3 in its latest reading, down from 48.1 and below the 47.6 economists expected. Weak sentiment, alongside high fuel prices and Treasury yields near 5.25%, raises questions about household spending heading into the holiday season. Retail and consumer-staples names such as Walmart, Kroger, Coca-Cola and Nike are among the companies watched for signs of shifting demand. Retail sales for September are due Thursday and

Telecom shares suffered their worst session in years on Friday after SpaceX agreed to buy a nationwide portfolio of low-band wireless spectrum. The S&P 500 telecom services index fell 9.7%, its biggest one-day drop since March 2020. T-Mobile US dropped 12.2%, AT&T fell 9.7% and Verizon slid 9.1%, while SpaceX shares rose 1.1%. Investors read the deal as a sign that the satellite company intends to compete directly in mobile service, raising fresh questions about pricing power

Oil prices were little changed on Friday after President Trump said on Thursday that the United States would not attack Iran before the November midterm elections. The comments eased some concerns about supply disruption in the Middle East. Energy prices have been volatile in recent weeks as tensions escalated and then cooled. Lower fuel costs would help airlines and transport companies, while energy producers such as Chevron and BP are sensitive to the direction of crude. Ma

Delta Air Lines lowered its full-year profit outlook on Friday, trimming the midpoint of its forecast by nearly a quarter. Shares fell about 2% in midday trading. The cut follows a period of elevated fuel costs that has weighed on the airline sector for weeks. Airlines have faced pressure as oil prices swung with developments in the U.S.-Iran standoff. The guidance reset is a cautionary signal for airline stocks such as Delta and American Airlines, whose results depend heavil

The third-quarter earnings season begins in earnest on Tuesday, October 13, when JPMorgan Chase and other large banks report July-September results. Bank of America is among the major lenders expected to report during the week. Investors have been encouraged by improving market breadth and strong results hopes from large technology companies. Banks will offer an early read on loan demand, credit quality and capital markets activity amid elevated interest rates. With the 10-ye

Wall Street was on track for weekly gains on Friday, with the S&P 500 and Nasdaq having hit record highs earlier in the week. At midday the Dow was up 0.63% near 51,555, the S&P 500 gained 0.48% to about 7,803 and the Nasdaq rose 0.54%. Optimism ahead of third-quarter earnings and enthusiasm for the AI trade supported sentiment, and 10 of 11 S&P 500 sectors advanced. The Nasdaq was set for a fourth straight weekly gain. High bond yields remain a risk. The 10-year Treasury yie

U.S. stock futures were little changed on Tuesday. S&P 500 futures slipped 0.04% to 7,744 and Dow futures fell 0.09% to 51,791, while Nasdaq-100 futures gained 0.06% to 30,585. Brent crude held near $100 a barrel and WTI traded around $93, keeping pressure on fuel-sensitive sectors. The 10-year Treasury yield jumped 1.08% to 5.24%, raising borrowing-cost concerns for rate-sensitive stocks. Other headlines included AMD's $8.2 billion deal to buy World Labs and reports that Ope

A leaked prospectus obtained by Reuters shows Anthropic is targeting a valuation of about $2 trillion in an expected fall IPO, more than double its current $965 billion valuation. The filing reports a 2025 net loss of $42 billion on $4.6 billion in revenue. The document also carries stark warnings about AI, citing potential catastrophic or existential risks to humanity. The details helped keep U.S. equity futures little changed on Tuesday as investors weighed the scale of AI

Super Micro Computer began shipping NVIDIA Vera Rubin NVL72 racks with liquid cooling, each pairing 72 Rubin GPUs with 36 Vera CPUs. Shares rose about 1.6% to $42.19 in Friday premarket trading. Management points to a $60 billion order book supporting fiscal 2027 revenue guidance of $65 billion to $72 billion, and says AI adoption is broadening across customers into what looks like a multiyear infrastructure cycle. The stock trades about 33% above its 200-day average. Recent

Riot Platforms has been selling bitcoin from its treasury to help pay for operations and data center construction rather than raising new debt or equity. At the end of the second quarter it held 11,380 bitcoin worth about $666 million, with 5,821 coins pledged as collateral. The company reports about $9.8 billion in contracted revenue tied to AMD and an AI lab, expected to generate roughly $520 million a year once fully deployed by June 2028. Free cash flow over the past four

Delta Air Lines shares fell about 2.5% to $82.80 on Monday after BMO Capital Markets lowered its price target to $100 from $105. The stock now sits roughly 13.5% below its July 2 record high of $95.67. The pullback reflects higher fuel costs hitting the whole airline sector, with American Airlines and United Airlines also trading lower. Elevated crude prices tied to U.S.-Iran tensions remain the main pressure point for carriers' margins. Despite the weakness, options traders