
Yemen Forces Retake Mocha as Brent Holds Near $100
Saudi-backed Yemeni forces say they retook Mocha near the Bab el-Mandeb Strait; Houthis claim strikes on Rabigh and Riyadh, keeping Brent near $100 a barrel.
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Saudi-backed Yemeni forces say they retook Mocha near the Bab el-Mandeb Strait; Houthis claim strikes on Rabigh and Riyadh, keeping Brent near $100 a barrel.

The euro slid to $1.1161, a 17-month low, as the French-German bond spread hit its widest since 2011 and Spain's Sánchez called a November 29 snap election.

US-Iran talks stalled after Trump denied offering sanctions relief, leaving WTI near $90 and Brent near $98 as traders weigh a Strait of Hormuz deal.

Citi upgraded Harley-Davidson (HOG) to Buy with a $33 target on stronger retail sales, cost savings and a 2027 launch, sending shares up about 5.7% on Monday.

DraftKings (DKNG) shares rose over 5% after Bank of America upgraded the stock to Buy, citing prediction markets as a possible $400 million fee stream in 2027.

Morgan Stanley upgraded Wells Fargo (WFC) to Overweight with a $102 target and top-pick status, saying the bank is rebuilding its growth engine in 2026.

U.S. employers added just 29,000 jobs in September, well short of forecasts, trimming October Fed rate hike odds to about 17% while December stays near 90%.

Nvidia shares reached an all-time high near $237.88, lifting market value to about $5.7 trillion and leaving the AI chipmaker close to the $6 trillion mark.

The Nasdaq closed at a record 27,477 on Monday as AI stocks led broad tech gains, with Nvidia, Meta and Microsoft higher and the S&P 500 ending at 7,774.

Flex (FLEX) will sell $2 billion of convertible preferred stock in Axiom to General Catalyst and Koch at a $37.5 billion valuation ahead of a 2027 spin-off.

Marvell Technology stock, up more than 200% in 2026 near $272, heads into its October 6 Investor Day with investors seeking AI and data-center targets through 2030.

Anthropic has filed confidentially for a US IPO after a $65 billion round at a $965 billion valuation, with a November listing and three banks leading.

Paramount Skydance is set to close its roughly $110 billion Warner Bros. Discovery takeover on October 6 after a judge approved a state antitrust settlement.

Treasury yields climbed again Monday, with the 10-year at 5.34% and the 30-year near 5.7%, as German, French, Italian and UK government bonds fell in step.

Skyworks (SWKS) completed its Qorvo combination on Oct. 5 after all approvals, forming a U.S. radio-frequency chipmaker with $500M+ in targeted synergies.

Bitcoin above $86,700 lifts Coinbase, Circle and Strategy 3-4% as U.S. spot Bitcoin ETFs log a third straight week of net inflows and $90,000 is in focus.

Brent topped $100 and crude rose about 2% after China halted October fuel exports, tightening a diesel market strained by the Middle East war and Russian curbs.

Vaxcyte (PCVX) shares jumped about 50% after VAX-31 met every primary endpoint in a pivotal Phase 3 trial against Pfizer's Prevnar 20 and Merck's Capvaxive.

C.H. Robinson (CHRW) agreed to buy freight broker RXO for $5.8 billion, or $30.25 a share in cash and stock, sending RXO shares up more than 20% on Monday.

The Brazil ETF EWZ rose about 12-13% and the real gained 5% after Flavio Bolsonaro led Lula 47% to 45% in the first round, setting up an October 25 runoff.

IG Group (IGG) shares sank 23% after it cut its 2026 revenue growth outlook on weaker OTC retention, pulling rivals CMC Markets and Plus500 sharply lower.

Iran-linked strikes have hit at least six ships near the Strait of Hormuz since Sept. 28, even as Gulf crude exports climbed back above pre-war levels.

Teradyne gained about 8% on new AI memory and photonics test platforms while HPE rose about 7% on a $1.2 billion Vultr order, lifting AI hardware stocks.

FICO stock jumped 11% Thursday and fell about 8% Friday as the FHFA opened U.S. mortgage scoring to VantageScore and weighed a two-bureau credit data rule.

SpaceX (SPCX) rose 7.4% to $158.96 after Crew-13, Transporter-18 and NROL-97 launched within 13 hours, carrying Google's first orbital AI test satellite.

Schneider Electric agreed to buy PTC for $22.6 billion in cash at $205 a share, a 42% premium, but its own stock fell 7.6% on financing and valuation concerns.

Houthi forces holding Mokha and Perim threaten the Red Sea bypass for Gulf oil as Saudi sites are hit, keeping the crude oil price near $103 a barrel.

Alphabet rose about 2% premarket on Oct. 1 as Google launched Gemini 4 Argon, an AI model for coding and cybersecurity priced from $2 per million tokens.

Accenture shares jumped about 16% after fiscal Q4 2026 results topped estimates on record bookings, and the firm raised its quarterly dividend 5% to $1.71.

Tesla delivered 486,532 vehicles in Q3 2026, down 2% year on year but roughly 25,000 above estimates, lifting TSLA shares 4.7% to about $370 on Friday.