📈 Stocks / Finance

AMD soars 24% on multibillion-dollar OpenAI chip deal

Yahoo Finance

AMD shares surged 23.7% after announcing a multigenerational GPU supply deal with OpenAI, including a 10% equity stake. The deal could generate tens of billions in revenue, positioning AMD to better compete with Nvidia in the AI infrastructure arms race.

Quantum Computing stock drops 7% on $750M private placement

Investor’s Business Daily

Quantum Computing (QUBT) shares fell over 7% after announcing a $750M private placement with institutional investors. The deal includes 37M shares and was oversubscribed. Funds will support the company's shift toward quantum hardware manufacturing.

Tesla stock jumps 4% ahead of potential EV reveal

Investopedia

Tesla shares rose ~4% Monday as investors anticipated a possible reveal of a lower-cost EV at Tuesday’s teased event. The stock, Q3’s top Magnificent 7 performer, is benefiting from renewed optimism in tech and EV growth amid broader Nasdaq gains.

🪙 Crypto

XRP traders brace for breakout as price tests $3 triangle apex

Yahoo Finance

XRP is coiling near $3 with open interest at $8.95B and options volume up 45%, signaling imminent volatility. A breakout above $3.08 could target $3.30–$3.46, while failure risks a drop to $2.65. Spot inflows of $15.8M suggest growing bullish sentiment.

🌎 Global Economy

Global growth slows, but consumer services show strength

S&P Global

Global PMI fell to 52.4 in September, signaling slower but ongoing growth. While tech and finance led gains, consumer services saw their fastest global expansion in over a year, hinting at a broader recovery driven by easing financial conditions and strong US demand.

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