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The Russian Federal Security Service reported that a Moscow resident has been detained for plotting to detonate a car in the convoy of a senior Russian official.

2026-09-23

The Russian Federal Security Service reported that a Moscow resident has been detained for plotting to detonate a car in the convoy of a senior Russian official.

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2026-09-23

Galaxy Securities research: The Fed hiked 25bp to 3.75%–4.00% on Sept. 16, the first increase since July 2023, lifting the systemic center of the risk-free rate beyond the policy rate. Higher discount rates compress equity multiples, hitting long-dur

Galaxy Securities research: The Fed hiked 25bp to 3.75%–4.00% on Sept. 16, the first increase since July 2023, lifting the systemic center of the risk-free rate beyond the policy rate. Higher discount rates compress equity multiples, hitting long-duration, high-valuation growth names most. The AI narrative remains robust, but pricing is shifting from long-term visions to near-term delivery and earnings verification. On the first trading day after the hike, compute-related sectors—storage, CPUs, foundries and optical interconnect—generally outperformed, driven by strong current profits and short payback periods that make them less rate-sensitive. Divergence continues: compute hardware with validated cash flows and earnings (advanced process nodes, memory, optical interconnect, equipment and materials) are benefiting as downside is largely priced in, while names relevant on distant narratives without Earnings support are being de-rated. AI is entering a rational verification phase.
2026-09-23

Market news: German trade union IG Metall is demanding a 5% pay rise in the metal and electrical industries, job security, and profit-sharing.

Market news: German trade union IG Metall is demanding a 5% pay rise in the metal and electrical industries, job security, and profit-sharing.
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