📈 Stocks / Finance

Trump’s equity deals fuel stock surges in Intel, MP, and U.S. steel

Investor’s Business Daily

Trump’s equity-driven industrial policy sparked rallies in Intel (+67%), MP Materials (+146%), and U.S. steel stocks. Government stakes, tariffs, and purchase guarantees are reshaping sectors, but critics warn of long-term risks to competition and capital markets.

CoreWeave stock jumps 8.7% on AI developer tools launch

CNBC

CoreWeave shares surged after unveiling serverless AI tools that cut training costs by 40% vs. local H100 use. The launch builds on its $1B Weights & Biases deal and follows major GPU infrastructure commitments from OpenAI ($6.5B) and Meta ($14.2B).

Micron stock surges on chip optimism and analyst upgrades

Yahoo Finance

Micron rose 5% after UBS and Goldman Sachs raised price targets, citing strong demand for its AI-focused memory chips. A new HBM module launch and broader semiconductor strength also boosted sentiment. Micron has gained 123% YTD, hitting a new 52-week high.

🪙 Crypto

Prediction markets gain investor interest amid crypto pullback

Blockworks

Polymarket raised at a $9B valuation with backing from ICE, while Kalshi drove $956M in weekly volume via Robinhood-integrated sports bets. Despite the crypto slump, capital is flowing into prediction markets, positioning them as a new speculative frontier for institutional and retail investors.

🌎 Global Economy

IMF flags stock market exuberance amid fragile global outlook

The Guardian

IMF chief Georgieva warned of 'exceptionally high' US stock valuations driven by AI optimism. She likened the surge to the dotcom bubble, cautioning that a sharp correction could tighten financial conditions and hit global growth, especially in emerging markets.

Earn your PE certificate online. Build an MBA-style network.

The Wharton Online + Wall Street Prep Private Equity Certificate Program gives you the knowledge and tools top professionals use to analyze investment opportunities.

• Learn from senior leaders at top firms like Carlyle, Blackstone, and KKR.

• Get direct access to Wharton faculty in live office hours where concepts become clear, practical, and immediately applicable.

• Study on your schedule with a flexible online format

Plus, join an active network of 5,000+ graduates from all over the world.

Enroll today and save $300 with code SAVE300.

Program begins October 6.

Enroll Today