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U.S. State Department: Rubio urged the EU to halt preferential measures and excessive regulation targeting U.S. companies.
2026-11-09
U.S. State Department: Rubio urged the EU to halt preferential measures and excessive regulation targeting U.S. companies.
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2026-11-09
SoftBank will report quarterly results on Tuesday; investors are seeking reassurance on strategy after AI-related stocks sold off and a bid for ABB’s robotics unit stalled. The group’s heavy AI exposure — including a $64.6bn purchase for a 13% stake
SoftBank will report quarterly results on Tuesday; investors are seeking reassurance on strategy after AI-related stocks sold off and a bid for ABB’s robotics unit stalled. The group’s heavy AI exposure — including a $64.6bn purchase for a 13% stake in OpenAI — has heightened concerns about its resilience to sector setbacks. Rolf Bulk of Futurum Group said questions around infrastructure build-out, financing, power supply and deployment sites that were easier to answer six months ago are now far more complex. AI industry health is material for SoftBank given investments spanning AI models, data centers, semiconductors and robotics. Net interest-bearing debt rose to JPY10.8 tln at end-June (about $68bn), from JPY6.6 tln a year earlier.
2026-11-09
U.S. stock index futures rose early Monday as oil slid. Nasdaq 100 futures were up 0.7% and S&P 500 futures were up 0.8% as U.S. WTI crude fell 3.6% to about $88/bbl. Tom Essaye, founder of Sevens Report, said President Trump’s comments reduced marke
U.S. stock index futures rose early Monday as oil slid. Nasdaq 100 futures were up 0.7% and S&P 500 futures were up 0.8% as U.S. WTI crude fell 3.6% to about $88/bbl. Tom Essaye, founder of Sevens Report, said President Trump’s comments reduced market odds of renewed U.S. strikes on Iran, weighing on oil and lifting futures; Trump said it was “highly unlikely” he would resume large-scale strikes, while Rubio called some Iranian demands “outrageous and absurd.” Investors remain cautious after last Thursday’s sell-off: the Nasdaq 100 sits 4.8% below its 200-day moving average, a historically rare gap, and breaches larger than 3% typically take about 25 trading days to reclaim that MA. Market participants are split on drivers — SocGen strategists point to institutional de-risking, while other analyzes flag large-scale retail liquidations.
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