October 7, 2026

US equity futures slip after the S&P 500 hit a record high. Oil rises as traders weigh reports of increased Iranian attacks on vessels in the Strait of Hormuz. SpaceX is said to be in talks with banks and investors to raise $40 billion to buy Nvidia chips in what would be one of the biggest-ever debt financings for AI buildout. Kevin Mahn of Hennion & Walsh Asset Management discusses concentrated gains in the S&P 500 and the AI ecosystem. (Source: Bloomberg)

Trafigura Group bought seven oil tankers from New York-listed SFL Corp., in the latest example of how trading houses and state energy companies are acquiring vessels to ship crude and products.

When Parthenon Capital Partners set out to extend its control of Kroll Bond Rating Agency, the private equity firm also sought a higher share of profits — known as “super carry” — to manage a new fund that would hold the prized portfolio company.

Elon Musk and Intel’s CEO have said the company’s involvement in the Terafab chip plant will continue, boosting shares.

CoStar and Duolingo are two stocks that have faced investor pessimism, but present potential, according to Baillie Gifford.

US Treasuries resumed their retreat, lifting the 30-year yield back to its highest since 2002 as climbing oil prices raised concern about faster inflation and more central bank interest-rate increases.

Emerging-market stocks halted their advance and an index gauging the asset class’s currency returns declined as a flare-up in Middle-East tensions boosted the oil price and the dollar.

Billionaire Ray Dalio warned that artificial intelligence is a “classic bubble” that is nearing a bursting point thanks to rising interest rates and the need to turn wealth into cash.

A rally in stocks came to a halt and global bonds fell as mounting attacks on tankers in the Middle East pushed oil prices higher. Futures for the S&P 500 stood pat after the index hit a record high in the previous session. Europe’s Stoxx 600 fell 0.6%, ending a three-day run of gains. SK Hynix fell nearly 3% in South Korea ahead of the expiry of a lockup on its American depositary receipts.

The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)

Elon Musk’s SpaceX is in talks with banks and investors to borrow $40 billion to fund a purchase of Nvidia chips, according to a Financial Times report.

Meta Platforms, whose stock has thrived after the introduction of an artificial-intelligence assistant, just got another piece of good news.