In brief
Stocks
Nike Targets $2.5 Billion in Pace Savings as Sales Decline
Nike’s fiscal Q1 revenue fell 4%, while Pace targets $2.5 billion in cumulative savings through 2031 before charges and reinvestment.
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Daily edition01Oct 2026
Thursday
Newest firstNewsBriefsGuidesTimes in +00:00
Thursday
7 news articles · 5 briefs · 0 guides-
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Story of the Day MarketsNike Slides to 13-Year Lows as Revenue Miss Overshadows Earnings Beat
Nike shares fell about 5% after its results, extending a slide to 13-year lows as a revenue miss and weak annual outlook overshadowed an earnings beat.
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News MarketsStocks Making the Biggest Moves Today: Accenture, Synopsys and More
Accenture and Synopsys rally on financial updates, Vicor lifts its outlook, and a patent ruling sends United Therapeutics and Liquidia in opposite directions.
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In brief Regulation & Policy
Lyft Agrees to $272.5M California Driver Settlement
Lyft’s proposed California settlement reserves at least $237.1 million for drivers, allows payments over four years and still requires court approval.
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Story of the Day Bonds & YieldsTreasury Yields Hit 24-Year Highs as Global Bond Selloff Deepens
Treasury yields reached levels last seen in 2002 before easing, as global bond selling and stronger manufacturing price pressure put borrowing costs in focus.
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In brief Inflation & Prices
U.S. Factory Price Pressures Jump as Manufacturing PMI Holds at 54.5
ISM’s September survey showed continued manufacturing expansion but a sharp increase in input-price pressure, with new orders and employment strengthening.
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News CurrenciesEuro Hits 16-Month Low as Rate Outlook Supports the Dollar
The euro’s fall below $1.13 puts interest-rate differences and bearish options pricing in focus, with implications for business costs and cross-border portfolios.
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Story of the Day MarketsCiti Sees $12 Trillion SpaceX Potential After Starship’s First Orbital Flight
Starship’s orbital debut strengthens the case for SpaceX’s launch and satellite businesses, although Citi’s long-term valuation scenario depends on much wider commercial deployment.
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SpaceX to Launch Google AI Chips in Orbital Data Center Experiment
Google’s Project Suncatcher will test AI chips in orbit with Planet Labs and SpaceX, while launch costs and cooling remain central to its business case.
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In brief Jobs & Labor Market
U.S. Jobless Claims Slip to 197,000 as Four-Week Average Falls
Initial US unemployment claims declined by 1,000, while continuing claims and the four-week average also fell in the Labor Department’s October 1 report.
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Story of the Day BusinessTrump Says U.S. Could Take Stakes in OpenAI and Anthropic
Trump raised the possibility of government stakes in OpenAI and Anthropic, with Intel offering a precedent for the financial and governance terms.
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In brief Commodities
Chinese Refiners Suspend October Fuel Exports, Reuters Reports
China’s reported export pause prioritizes domestic fuel supplies, leaving regional buyers facing renewed uncertainty over October shipments.
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