Our top 10 things to watch in the stock market Wednesday
Microsoft lands an analyst upgrade, and Meta Connect is here.
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Activist Toms Capital urges Devon Energy in letter to explore alternatives, including a sale
Toms, which manages just over $4 billion in assets, says in the letter it is now one of Devon's top five shareholders.
IonQ shares rise after company says it made a major quantum computing breakthrough
Shares of quantum computing company IonQ rose following its successful test of the industry's first real-time end-to-end error decoder.
McDonald's stock falls as it unveils plan to spend big on restaurant upgrades
The plans are part of the fast-food giant's new growth strategy, called McDonald's > NEXT.
Meta's Muse reignites AI disruption fears. Traders are targeting this brokerage stock as next casualty
Meta's latest consumer AI product is sending such big shockwaves through the market that it's even inflaming a long-time rivalry in the brokerage business.
Nearly 10% of borrowers opted for riskier mortgages last week, as rates soared over 7%
As mortgage rates rise, borrowers are seeking savings in riskier, adjustable-rate mortgages that offer lower rates.
Despite the western restrictions, who are the Gulfs of Iran's economy?
Iran's Gulf Council (CCC) are economic connections with all six countries of the six countries, however their nature and size are different from each other. The U.S. Arabia is the largest commercial partnership in the letter of Iran, while the trade, along with the Balti, the Palestinian and Saudi Arabia, is relatively limited.
Concerns county will not benefit from £2 bus cap
Councillor Justine Peberdy says Yeomans Travel and Sargeants Brothers have not committed to the cap.
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Off sick? You need to phone your boss, back-to-work adviser says
Relying on text and email means sick workers disengaged and were less likely to work again, says Sir Charlie Mayfield.
AI drone maker hits $6.4 billion valuation as Ukraine war spurs defense tech
Tekever is one of a number of European defense tech startups raising sizable rounds amid a rearmament campaign from countries in the region.
Texas turning blue may hinge on Democrats harnessing data center opposition
Data center opposition is reshaping Texas' 2026 governor and Senate races as voters raise concerns over power, water and utility costs.
OECD says growth 'resilient' in 2026 despite Middle East war
The OECD group of industrialized nations put its 2026 growth forecast at 2.9%. It said investment in AI was helping drive growth, while the war in the Middle East was fueling inflation.
Business Daily
Jacob Rothman built a manufacturing business in China supplying major retailers
10-year Treasury yield rockets to 19-year high. Here's what's driving the spike
Treasury yields traded higher on Wednesday as new services and manufacturing sector data increased worry of further Federal Reserve rate hikes.
Qualcomm releases Android chip built for AI as memory shortage weighs on smartphone market
The overall smartphone market is expected to contract 14% in terms of units shipped in 2026.
South Korea pushes for Trump summit with renegade North Korea, seeing opportunity for peace
South Korea pushes for Trump summit with renegade North Korea, seeing opportunity for peace
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CFTC says prediction markets' 'mentions' contracts present a higher risk of manipulation
The announcement comes after reports in August that the agency was conducting an internal review into the event contract type.
OECD improves Spain's GDP forecast, but warns of high and persistent inflation
The agency carries up to 2.6% economic growth in 2026, but it expects prices to rise by 3.7% this year and 3.4% next year.
Lawmakers float gas-tax break, commuter deduction to ease pressure of high prices at the pump
With affordability ranking as a major issue ahead of the Nov. 3 midterm elections, lawmakers are introducing bills to reduce the cost of gasoline and diesel.
Soybeans, planes and rare earths: What they say about fragile U.S.-China trade truce
Uneven delivery on soybean, plane and rare earths commitments points to a fragile U.S.-China trade truce, with both sides upholding a careful détente.