OPEC+ decided to keep its oil production unchanged for October, awaiting a full review of member capacities before setting new 2027 quotas. The ongoing Iran war disrupts exports through the Strait of Hormuz, limiting OPEC+'s ability to meet production targets despite recent increases. The group plans to revisit production cuts and quotas later in 2026, with the next meeting scheduled for October 4. This pause reflects uncertainty over future output amid geopolitical challenges affecting supply.
Applied Digital is set to report a fiscal Q1 loss of $0.30 per share on $116.3 million revenue, reflecting ongoing investments in AI and high-performance data centers. The company has expanded its Polaris Forge 1 campus to 250 MW operational capacity...
Investment firm Needham increased its price target for Vaxcyte to $122 from $110 following positive Phase 3 trial results for Vaxcyte's VAX-31 pneumococcal vaccine. The vaccine met all primary endpoints in the OPUS-1 trial, showing noninferiority to ...
GMAB's investigational drug Rina-S demonstrated a 45.9% confirmed response rate in a Phase 1/2 trial for platinum-resistant ovarian cancer, with a median response duration of 12.1 months and median progression-free survival of 9.5 months. Despite ser...
BNP Paribas Exane raised NVIDIA's price target from $285 to $345 due to strong demand for its AI chips, signaling potential upside of about 45.6% from the current price. NVIDIA shares have gained about 25% in 2026, driven by growth in AI infrastructu...
SUI (Sui) token price increased by 3.31% within an hour, reaching $1.23 as of 5:52 a.m. ET on October 6. During this period, short liquidations totaled $270,000 across major exchanges Binance, Bybit, and OKX, while no long liquidations occurred. The ...
