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Wall Street clings to modest gains amid Mideast caution

LIVE MARKETS-Wall Street clings to modest gains amid Mideast caution Main U.S. indexes end slightly green; Dow up ~0.1% Energy leads S&P sector gainers; Cons disc weakest group Dollar up; crude gains >1.5%; gold slips; bitcoin dips U.S. 10-Year Treasury yield rises to ~3.78% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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S&P 500 ends near flat as more jobs data awaited; eyes on Middle East

US STOCKS-S&P 500 ends near flat as more jobs data awaited; eyes on Middle East ADP survey: US adds 143,000 private jobs in September Tesla drops on downbeat Q3 vehicle deliveries Nike falls after withdrawing annual revenue forecast Indexes: Dow up 0.09%, S&P 500 up 0.01%, Nasdaq up 0.08% Updates to 4:10 p.m. ET/2010 GMT By Caroline Valetkevitch NEW YORK, Oct 2 (Reuters) - The S&P 500 ended little changed on Wednesday , with technology shares gaining but investors nervous about Middle East tensi
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S&P 500 ends near flat as more jobs data awaited; eyes on Middle East

US STOCKS-S&P 500 ends near flat as more jobs data awaited; eyes on Middle East ADP survey: US adds 143,000 private jobs in September Tesla drops on downbeat Q3 vehicle deliveries Nike falls after withdrawing annual revenue forecast Updates to 4 p.m. ET/2000 GMT By Caroline Valetkevitch NEW YORK, Oct 2 (Reuters) - The S&P 500 ended little changed on Wednesday, with technology shares gaining but investors nervous about Middle East tensions and more U.S.
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Indexes near flat as more jobs data awaited; eyes on Middle East

US STOCKS-Indexes near flat as more jobs data awaited; eyes on Middle East ADP survey: US adds 143,000 private jobs in September Tesla drops on downbeat Q3 vehicle deliveries Nike falls after withdrawing annual revenue forecast Indexes: Dow up 0.04%, S&P 500 down 0.02%, Nasdaq up 0.2% Updates to 2:20 p.m. ET/1820 GMT By Caroline Valetkevitch NEW YORK, Oct 2 (Reuters) - Major U.S.
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OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia

UPDATE 3-OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia Funding, in convertible debt, coming from Thrive Capital, Khosla Ventures, Microsoft and Nvidia Altimeter Capital, Fidelity, SoftBank, and MGX also participated Thrive Capital committed $1.2 billion with an option for $1 billion more next year Add message from OpenAI CFO to employees in paragraph 5 By Krystal Hu Oct 2 (Reuters) - OpenAI, the company behind ChatGPT, has raised $6.6 billion from investors, w
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StandardAero valued at $10.4 bln as shares jump in NYSE debut

UPDATE 3-StandardAero valued at $10.4 bln as shares jump in NYSE debut Stock opens up 29% Raises $1.44 bln in third biggest U.S. IPO of 2024 Carlyle to remain majority shareholder Adds executive commentary in paragraphs 6,8,9, 11 & 12 By Niket Nishant and Echo Wang Oct 2 (Reuters) - Carlyle-backed StandardAero SARO.N racked up a $10.38 billion valuation after its shares opened 29% above the offer price in their NYSE debut on Wednesday, as investors bought into what could be one of the last major
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OpenAI closes $6.6 billion funding haul at valuation of $157 billion with investment from Microsoft and Nvidia

OpenAI closes $6.6 billion funding haul at valuation of $157 billion with investment from Microsoft and Nvidia By Krystal Hu Oct 2 (Reuters) - OpenAI has raised $6.6 billion from investors at a post-money valuation of $157 billion, cementing the ChatGPT maker's status as one of the most valuable private companies in the world, sources familiar with the matter said on Wednesday.
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Wall Street inches up as Middle East tensions keep investors on edge

US STOCKS-Wall Street inches up as Middle East tensions keep investors on edge For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. ADP survey: US adds 143,000 private jobs in September Tesla drops on downbeat Q3 vehicle deliveries Nike falls after withdrawing annual revenue forecast Humana tanks as fewer members in Medicare Advantage plans Indexes up: Dow 0.09%, S&P 500 0.14%, Nasdaq 0.32% Updated at 12:10 a.m.
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Beware hallucinations in AI chipmaker IPO

BREAKINGVIEWS-Beware hallucinations in AI chipmaker IPO The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, Oct 2 (Reuters Breakingviews) - ChatGPT lit a capital fuse in artificial intelligence, especially for its silicon masters. Nvidia NVDA.O chips, essential for training AI models, have prompted a nearly 600% increase in its market value since OpenAI’s chatbot exploded onto the scene almost two years ago.
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Tech market values jump in September on Fed rate cuts, AI optimism

GRAPHIC-Tech market values jump in September on Fed rate cuts, AI optimism Oct 2 (Reuters) - The market capitalization of many tech firms surged in September, buoyed by a Federal Reserve rate cut that typically enhances future profits and cash flows for high-growth companies, and further fuelled by continued enthusiasm for artificial intelligence.
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AI's next feat will be its descent from the cloud

RPT-BREAKINGVIEWS-AI's next feat will be its descent from the cloud The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Robyn Mak HONG KONG, Oct 2 (Reuters Breakingviews) - It's been two years since ChatGPT made its public debut, kicking off a rush to invest in generative artificial intelligence. The frenzy has lifted valuations for startups like OpenAI, inventor of the chatbot, as well as technology titans whose cloud computing platforms train and host the mo
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AI's next feat will be its descent from the cloud

RPT-BREAKINGVIEWS-AI's next feat will be its descent from the cloud The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Robyn Mak HONG KONG, Oct 2 (Reuters Breakingviews) - It's been two years since ChatGPT made its public debut, kicking off a rush to invest in generative artificial intelligence. The frenzy has lifted valuations for startups like OpenAI, inventor of the chatbot, as well as technology titans whose cloud computing platforms train and host the mo
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Taiwan shuts down for Typhoon Krathon, bringing torrential rain

UPDATE 7-Taiwan shuts down for Typhoon Krathon, bringing torrential rain Weakening Krathon expected to hit land early on Thursday Forecast to travel up populous western coast Cities, counties declare holiday for Wednesday Financial markets shut, TSMC sees no major impact One person reported dead, two others missing Adds second day of financial market closure, paragraph 9 By Yimou Lee, Fabian Hamacher and Ann Wang KAOHSIUNG, Taiwan, Oct 2 (Reuters) - Taiwan shut down on Wednesday, grounding hundr
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Oracle to invest $6.5 billion to set up cloud facilities in Malaysia

CORRECTED-Oracle to invest $6.5 billion to set up cloud facilities in Malaysia Corrects name of Oracle's executive vice president for Japan and Asia Pacific to Garrett, not Garret, in paragraph 5 Oracle's investment set to be one of the largest in Malaysia Cloud region to help Malaysian organizations modernize and innovate with AI Oracle says planning further expansion across Asia By Danial Azhar KUALA LUMPUR, Oct 2 (Reuters) - Oracle ORCL.N plans to invest more than $6.5 billion to set up its f
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AI's next feat will be its descent from the cloud

BREAKINGVIEWS-AI's next feat will be its descent from the cloud The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Robyn Mak HONG KONG, Oct 2 (Reuters Breakingviews) - It's been two years since ChatGPT made its public debut, kicking off a rush to invest in generative artificial intelligence. The frenzy has lifted valuations for startups like OpenAI, inventor of the chatbot, as well as technology titans whose cloud computing platforms train and host the models
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Foxconn says execs from Nvidia, Google, BMW will speak at its annual forum

Foxconn says execs from Nvidia, Google, BMW will speak at its annual forum TAIPEI, Oct 1 (Reuters) - Foxconn, the world's largest contract electronics maker, said on Tuesday that executives from companies including Nvidia NVDA.O , Google GOOGL.O and BMW BMWG.DE will speak at its annual tech day forum next week. Foxconn 2317.TW , the top assembler of Apple's AAPL.O iPhone, hosts the tech day every October to unveil new products and partnerships.
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Taiwan warns of storm surge from powerful Typhoon Krathon, mobilises troops

UPDATE 10-Taiwan warns of storm surge from powerful Typhoon Krathon, mobilises troops Krathon expected to hit Kaohsiung metropolis on Wednesday Forecasters warn of storm surge, torrential rains Troops on standby, sailors from listing ship rescued TSMC says does not expect major impact to its operations Adds financial markets to close on Wednesday, paragraph 3 By Yimou Lee, Fabian Hamacher and Ann Wang KAOHSIUNG, Taiwan, Oct 1 (Reuters) - Taiwan mobilised nearly 40,000 troops on Tuesday to be on
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Broadening gains in US stock market underscore optimism on economy

ANALYSIS-Broadening gains in US stock market underscore optimism on economy More than 60% of S&P 500 components outperformed index in the quarter Fed rate cuts boost regional banks, industrials, and small-cap stocks Eight of S&P 500's 11 sectors outperforming the index in Q3 Updates market data for end of quarter By Lewis Krauskopf NEW YORK, Sept 30 (Reuters) - More stocks are participating in the S&P 500’s latest march to record highs, easing concerns over a rally that has been concentrated i
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Cerebras reveals revenue surge in US IPO filing, aims to challenge Nvidia in AI chip market

UPDATE 3-Cerebras reveals revenue surge in US IPO filing, aims to challenge Nvidia in AI chip market Rewrites Sept 30 story throughout to add background, industry context, analyst comment and details from filing; Changes dateline By Manya Saini and Pritam Biswas Oct 1 (Reuters) - Cerebras Systems, a startup competing with industry leader Nvidia NVDA.O for a slice of the lucrative AI chip market, said late on Monday its revenue surged more than threefold in 2023, in a filing to go public in the U
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U.S. STOCKS Emeren Group, Hess, Chevron

BUZZ-U.S. STOCKS ON THE MOVE-Emeren Group, Hess, Chevron Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were mixed on Monday as investors paused after a rally in the previous week and exercised caution ahead of numerous job reports and comments through the week from Federal Reserve policymakers, including Chair Jerome Powell.
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