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Brent crude oil turned positive, breaking through $112 per barrel.

2026-10-26

Brent crude oil turned positive, breaking through $112 per barrel.

Other News
2026-10-26

Conflict Update: 1. Russian Ministry of Defense: Russian air defense forces destroyed 532 Ukrainian drones overnight. 2. Local officials: A Ukrainian missile attack on an industrial facility in Russia's Lipetsk region killed one person. 3. Ukraini

Conflict Update: 1. Russian Ministry of Defense: Russian air defense forces destroyed 532 Ukrainian drones overnight. 2. Local officials: A Ukrainian missile attack on an industrial facility in Russia's Lipetsk region killed one person. 3. Ukrainian Air Force: Last night, Russia attacked multiple locations in Ukraine with 153 drones, shooting down 119 of them. Peace Negotiations: 1. Trump: Trilateral talks between the US, Russia, and Ukraine will be held "soon." 2. Russia stated its willingness to resume trilateral talks with the US, Russia, and Ukraine after November 4th. 3. Zelensky: Ukraine, the US, and Russia plan to hold trilateral technical-level working talks in November. Other Updates: 1. Five major European defense spenders warned that Russia poses the most serious long-term security threat. 2. Iran will advance gas negotiations with GECF member countries at the Moscow summit. 3. Russian Foreign Ministry spokesperson criticized Europe for hypocrisy: interfering in other countries while blaming Russia for its domestic turmoil. 4. Kremlin spokesman Dmitry Peskov: There has been no comment on Trump's visit to Moscow. 5. Alexei Likhachev, CEO of Rosatom: Russia has completed maintenance work on the Zaporizhia thermal power plant. 6. Kremlin: Putin does not plan to deliver a State of the Nation Address in 2026. 7. Russian Deputy Prime Minister Novak: Russia is prepared to supply the United States with any amount of diesel fuel.
2026-10-26

After quarterly results met expectations, China Merchants Securities International cut Tesla's 2026–2028 attributable net profit forecasts by 41%, 44% and 53%, citing higher R&D and S&M expense ratios and a slower Cybercab ramp. It lowered its sum-of

After quarterly results met expectations, China Merchants Securities International cut Tesla's 2026–2028 attributable net profit forecasts by 41%, 44% and 53%, citing higher R&D and S&M expense ratios and a slower Cybercab ramp. It lowered its sum-of-parts price target from $441 to $354 (down 19.7%) and maintained a Neutral rating. The firm remains constructive on long-term FSD, Robotaxi and Optimus upside but says near-term higher R&D and capex will delay scaled profitability.
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