📈 Stocks / Finance

IonQ stock jumps on quantum chemistry breakthrough

Yahoo Finance

IonQ rose 11.9% after unveiling a quantum simulation advance in partnership with an automaker. The tech outperformed classical methods in modeling atomic forces, boosting investor optimism for its applications in decarbonization, batteries, and pharma.

TSMC set to report strong Q3 amid bullish analyst sentiment

TipRanks

TSMC will report Q3 earnings Oct 16, with analysts forecasting $2.63 EPS and $32.07B revenue. Despite recent stock decline, bullish price targets and strong AI-driven demand suggest investor confidence remains high ahead of results.

PayPal downgraded by Goldman amid margin concerns

Investor’s Business Daily

Goldman Sachs cut PayPal to 'sell' on 2026 margin pressure risks. PYPL fell 1.7% after dropping 7.8% Friday. Jefferies and Truist flagged weakness in branded payment volume and profit growth. Q3 earnings due Oct. 28 may offer early 2026 guidance.

🪙 Crypto

Citi targets 2026 crypto custody launch amid Wall Street push

CNBC

Citi plans to launch a crypto custody service by 2026, joining Wall Street peers expanding in digital assets. The move follows clearer U.S. regulation and growing demand from institutional clients. Citi is also exploring stablecoins and blockchain-based cross-border payment tools.

🌎 Global Economy

IMF, BoE warn of AI bubble as tariffs jolt global markets

The Daily News Online

The IMF's Georgieva warned of mounting global risks as Trump’s 100% tariff threat against China rattled markets. The BoE flagged overvalued AI stocks, echoing dotcom-era concerns. Unctad noted $500B trade growth, but policy instability clouds resilience.

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