
SoftBank 13% Crash Triggers Asian AI Stocks Rout
SoftBank dropped 13% in Tokyo as OpenAI's shelved 2026 IPO and AI safety alarm hit its $100 billion financing stack, spreading contagion to Asian chip stocks from Seoul to Taipei.
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SoftBank dropped 13% in Tokyo as OpenAI's shelved 2026 IPO and AI safety alarm hit its $100 billion financing stack, spreading contagion to Asian chip stocks from Seoul to Taipei.

Houthi forces seized Mokha port and Perim Island this week, locking down Bab el-Mandeb and cutting off Saudi Arabia's last viable crude export route.

Goldman Sachs warns an AI safety-driven pullback in Big Tech data center spending could erase 20% of S&P 500 valuations and collapse 2026's earnings thesis.

Beijing faces its most critical monetary policy choice in years as consumer spending stalls and markets await an imminent reserve-requirement or rate cut.

Iraqi drone strikes shut Saudi Arabia's East-West crude pipeline, removing 5 million bpd of Hormuz bypass routing and pushing crude oil prices sharply higher across global markets.

Sam Altman shelved OpenAI's public listing citing AI safety, while rival Anthropic targets an October Nasdaq debut at a record $2 trillion valuation led by Goldman Sachs and JPMorgan.

A global bond rout fueled by record energy costs and above-consensus wholesale inflation is pushing the 10-year US Treasury yield to the edge of 5%, its sharpest tightening episode since 2023 with…

Sam Altman, Elon Musk, and Dario Amodei jointly called for a deliberate AI slowdown on safety grounds, sending Nasdaq 100 futures down 1.2% and hammering chipmakers overnight.

Gold climbed 1.6% to $4,385 per ounce and Bitcoin gained 3% after August core inflation beat forecasts, driving Fed rate-hike odds to 90% ahead of the September FOMC meeting.

Qualcomm secures a $10 billion AI data center chip contract with AWS, receiving stock warrants worth ~$1 billion as QCOM shares surge nearly 9% in a direct challenge to Nvidia.

Dow lost 628 points last week as US-Iran military exchanges drove oil above $100, pushed Treasury yields to 4.97%, and lifted Fed rate-hike odds to 91% ahead of the September 15-16 FOMC meeting.

Persian Gulf tensions push crude oil price toward $80 a barrel, with a Strait of Hormuz disruption poised to reignite global inflation as the Federal Reserve holds interest rates near two-decade…

Oil topped $100 per barrel as direct U.S.-Iran military exchanges and coordinated Houthi strikes on Saudi Aramco facilities pushed average U.S. pump prices to $4.22 per gallon, the highest since May.

The Federal Reserve is near-certain to raise interest rates Wednesday after August CPI surged 0.4%, with markets pricing a 90% probability of a hike ahead of the FOMC decision.

Morgan Stanley's Mike Wilson warns of an S&P 500 correction after four straight losing sessions pushed the VIX to its highest level since early August, urging selective rotation rather than broad…

The S&P 500 advanced 0.9% Friday, snapping a four-session slide as Treasury yields briefly retreated from the 5% threshold following an August CPI print that matched consensus forecasts.

Adobe Q3 2026: $6.76B revenue and $6.13 non-GAAP EPS topped estimates, but a narrow Q4 guidance miss and CEO succession announcement sent ADBE shares down roughly 2.7%.

Valero (VLO), Marathon Petroleum, and Phillips 66 hit simultaneous 52-week highs as the Iran war drives crack spreads to $64/barrel, a multi-year peak.

Seagate Technology and SanDisk pulled back sharply on Friday despite no new bearish catalyst, as investors rotated profits from two of 2026's most explosive ai stocks into the broader market rally.

The 30-year fixed mortgage rate crossed 7.07% Thursday for the first time since May 2025, hammering homebuilder stocks and pushing Lennar shares 3.5% lower amid deepening affordability concerns.

Caterpillar surged 2% Friday, topping the Dow Jones industrials average as Wall Street reclassified CAT as a data center stock on a 72% AI power demand surge.

UBS slashes NuScale Power's target to $6 from $10, flagging a 5-year-plus build timeline and zero firm customer commitments as sector peers advance toward construction.

Cisco Systems led all Dow Jones components with a 3.4% Friday advance after partnering with quantum startup Infleqtion on distributed neutral-atom networking, extending an already dominant…

Apple's $1,999 iPhone Duo, the company's first foldable smartphone, arrives with a 2nm A20 Pro chip and 7.6-inch open display; preorders open October 16, making it fall 2026's defining consumer…

Copart agreed to buy ACV Auctions at $10.50 per share, a 45% premium, combining salvage auction dominance with dealer wholesale to create the US vehicle remarketing leader.

GameStop (GME) shares climbed 4% after CEO Ryan Cohen filed a Form 4 disclosing a personal purchase of 1 million shares and the company reported a $60.2 million Q2 operating income - the highest…

Oracle's $90-95B capex guidance reconfirmed a sustained hyperscaler build-out, driving HPE and Dell to their biggest single-session gains of 2026.

Oracle Q1 FY2027 revenue climbed 30% to $9.3 billion as a record $64 billion AI backlog and $90-95 billion full-year CapEx guidance confirmed durable, structural cloud infrastructure demand.

With WTI crude oil above $104 and Brent near $108, the energy sector's 43% year-to-date advance makes it the sole S&P 500 sector holding positive ground this week amid broad market pressure.

Spot gold holds near $4,348 as rising interest rates and a firmer dollar offset persistent Middle East safe-haven demand, with a pivotal inflation print due September 11 likely to determine…