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US President Trump: The attack on Saudi Arabia is appalling. Saudi Arabia has the capability to defend its country. We have ties with the Houthis, and we'll see what happens, but what they've done is terrible. I haven't spoken to the Saudi Crown Prin

2026-10-11

US President Trump: The attack on Saudi Arabia is appalling. Saudi Arabia has the capability to defend its country. We have ties with the Houthis, and we'll see what happens, but what they've done is terrible. I haven't spoken to the Saudi Crown Prince yet, but I will. What's happening is unacceptable.

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2026-10-11

CITIC Securities says oil stabilization, softer-than-expected US nonfarm payrolls and downgrades to Fed rate-hike odds have not reversed the rise in global long-term yields. The firm attributes higher yields to persistently strong private-sector inve

CITIC Securities says oil stabilization, softer-than-expected US nonfarm payrolls and downgrades to Fed rate-hike odds have not reversed the rise in global long-term yields. The firm attributes higher yields to persistently strong private-sector investment and financing demand—trillions in investment have driven North America out of the post-crisis low-growth, low-rate norm. A sustained high-rate global environment is likely until an inflection in the AI investment cycle. Demand relatively insensitive to elevated overseas rates is concentrated in North American AI and sectors tied to expanded Chinese central fiscal spending. Former outperformers such as offshore exporters and resource plays face pressure. In weak demand conditions, assets benefiting from supply rationalization are scarce; the unwinding of excessive domestic competition next year merits attention. Tactical positioning: in the near term use cyclical, high-momentum sectors and supply-rationalization beneficiaries to cope with high rates; closely monitor the AI investment-cycle turning point.
2026-10-11

The Financial Times, citing people familiar with the matter, reports NVIDIA (NVDA.O) is in early-stage talks to acquire Reflection AI, a US developer of open-weight models, or to increase its investment; negotiations are at an early stage and any tra

The Financial Times, citing people familiar with the matter, reports NVIDIA (NVDA.O) is in early-stage talks to acquire Reflection AI, a US developer of open-weight models, or to increase its investment; negotiations are at an early stage and any transaction could take multiple forms.
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