Meta’s ‘powerful breakout’ sets up a unique trading strategy, says Mike Khouw
Mike Khouw says Meta’s strong hardware funnel and an options market offering attractive short-term premiums leave the stock positioned for a powerful breakout into 2027.

Mike Khouw says Meta’s strong hardware funnel and an options market offering attractive short-term premiums leave the stock positioned for a powerful breakout into 2027.

Shareholders of British automotive software company Pinewood Technologies approved on Friday a £545 million ($721.14 million) take-private deal led by U.S. private equity firm Ridgeview Partners.
SK Hynix’s U.S. subsidiary Solidigm is considering an initial public offering as early as next year that could value the unit at up to $150 billion, according to three people familiar with the matter.
Saudi crude exports have reached their highest level since the Iran war began, even as a pipeline outage persists. Exports are rising despite escalating attacks on Saudi infrastructure by Iran-backed militants in Yemen and Iraq.

As the average price of regular gasoline climbs more than $1.50 since the war with Iran began, Americans are struggling with the record increase. GasBuddy’s Patrick De Haan offers his outlook for gas prices over the coming week.

EU countries have injected more than 46 billion cubic meters of gas into underground storage since the 2026 summer season began in April. Facilities were 70.35% full on September 23, below the five-year average and last year’s level, while at least 68 bcm must be injected to meet the 2026–2027 filling standard.
KoBold Metals’ top executive said Western mining companies could match China’s pace in developing critical-minerals projects in Africa without lowering compliance standards, provided governments streamline approvals and improve coordination among regulators.
Port Alliance handled 29.24 million tons of export cargo in the first eight months of 2026, up 13% year on year. China, India and Turkey made up two-thirds of the group’s exports, with China leading thermal coal shipments at 10.8 million tons, or 37% of the total.
Strategy said it wants dividends on its STRF, STRC, STRK and STRD preferred shares to accrue each calendar day and be paid on the next business day. The proposal could deliver cash to holders sooner without changing current rates or economic terms, but its effective date, record dates and required approvals remain unspecified. Existing declared payment dates would stay in place.


STRC has stayed below $100 since May despite a 12% dividend rate and about $1 billion in preferred-share buybacks. Strategy is proposing daily dividend payments in an effort to move the stock back toward that level.

Strategy is asking shareholders to approve daily dividend payments across its four preferred stocks listed in the United States.
A senior macro strategist at Manulife said the Bank of Canada is likely to raise interest rates at each of its next two meetings, as the conflict in the Middle East raises the risk of wider price pressures.
Bond market sell-offs of this scale and speed could ignite problems elsewhere in the financial system.
Romania has raised about $604 million from thousands of individual investors since the start of 2025 through a program that offers blood donors government bonds yielding more than 7% annually—about one percentage point above the rate available to other retail investors. The scheme supports government borrowing while encouraging donations. Individual investors now provide nearly a fifth of Romania’s government financing.
The Russian government has approved amendments allowing oil companies that have not previously signed investment agreements to conclude new deals from Jan. 1 through Sept. 30, 2026, for production facilities eligible for an investment premium on the reverse oil excise tax. The commissioning deadline for new agreements is extended to 2033. The changes do not apply to agreements signed before the decree took effect.
Kansas City Fed President Jeff Schmid said the Federal Reserve will need to determine whether the growing web of AI companies and contracts could become so large that it is too big to fail as the sector’s boom unfolds.
Donald Trump is “comfortable” with the current state of the relationship between the United States and Canada and is in no rush to secure a new trade deal, his top trade envoy says. Canada was once described as the country’s closest ally.
U.S. Trade Representative Jamieson Greer said on Friday that President Donald Trump's administration is comfortable keeping its trade standoff with Canada. New U.S. import bans on Canadian products take effect next week, while Washington threatens 50% tariffs on Canadian autos, parts and steel starting in January.
Hundreds of truckers held a go-slow convoy on a motorway in north-central Portugal on Friday, while commuters sounded their horns on Lisbon’s main bridge to protest sharply rising fuel costs.
Politico reports simultaneous protests over sharply rising fuel prices in several European countries. Hundreds of trucks disrupted traffic in Portugal while French fishermen blocked southern ports and an oil depot, demanding lower fuel costs and more state support. French authorities expanded aid programs for those most affected.
Summer-grade diesel prices slipped 3.34% over the week on the St. Petersburg International Mercantile Exchange, despite a slight rise to 66,857 rubles per metric ton on Friday. AI-92 gasoline fell 0.67% for the week, while fuel oil rose 18.44%. Russia has temporarily banned exports of gasoline, diesel and other oil products until January 31, 2027.
XRP has rebounded near CryptoSlate’s $1.63 median forecast for Dec. 23, but the model’s 80th-percentile outcome is $2.38 and its 20th-percentile bearish outcome is $1.18, with a $0.42 extreme-stress marker. The analysis says Ripple payment adoption has not established matching XRP demand, while higher yields and geopolitical shocks could test the rebound’s durability.

Russia and Vietnam have signed a memorandum allowing carriers on each side to operate 105 flights per week. Russian airlines currently run 39 weekly flights on 11 routes, while Vietnamese carriers operate 31 on 13 routes. More than 1 million passengers traveled between the countries in the first seven months of the year, with the annual total potentially exceeding 2 million, a record.
Peru expects new mining projects to lift annual copper output by about 1 million metric tons within five to six years. The energy and mines minister told Reuters that Chinese and US companies are considering investments as competition for critical minerals in South America broadens.
Ukraine’s largest steelmaker, ArcelorMittal Kryvyi Rih, says it cannot resume steel production amid intensified Russian strikes on factories. The industry is seeking more state and international support as attacks, closed seaports, EU trade rules and costly transport threaten its survival and could raise reconstruction costs.

A specialized unit to support Russian businesses will be established in India’s Uttar Pradesh, Russian Trade Representative Andrey Sobolev said. Cooperation was discussed in pharmaceuticals, semiconductors, agribusiness, textiles, tourism and mechanical engineering, where Russian companies’ capabilities coincide with the state’s needs.
Belgian depository Euroclear has filed two cassation appeals with the Moscow Arbitration Court against the Bank of Russia’s lawsuit seeking 18.2 trillion rubles ($216 billion). The complaints were submitted on September 24 as Euroclear challenges a court ruling issued on May 29.
US spot ETFs tracking Bitcoin, Ethereum, Solana, XRP and Zcash recorded about $3.04 billion in combined net inflows from Monday through Thursday, according to SoSoValue. Bitcoin attracted $2.25 billion, while the other four assets drew nearly $793 million. Ethereum led those non-Bitcoin flows with $602.94 million.

The Bank of Russia set the official dollar exchange rate at 84.3414 rubles for September 26–28, down 56.43 kopecks from the previous figure. The euro rate fell to 95.8709 rubles and the yuan rate to 12.5355 rubles.
Electricity consumption in Russia’s unified energy system has fallen 0.2% year to date, System Operator CEO Fyodor Opadchiy said. He said consumption could be lower than in 2025, when it declined 0.8% to 1.161 trillion kWh.
Gazprom reported that its pipeline gas supplies to CIS markets rose 29% in the first half of 2026, with higher sales to Kazakhstan driving the increase. Kazakhstan plans to buy about 11 billion cubic meters from Gazprom this year, up from 4 billion last year.
Gazprom Group reported a 3.4% year-on-year increase in gas production to 216.55 bcm in the first half of 2026. Gas sales in domestic and foreign markets rose 4.4% to 193.2 bcm, while oil and gas condensate output fell 2.7% and helium production climbed 27.2%.
A boardroom rupture at Tata Sons, where its controlling charitable arm says it cannot assert its rights, is rippling through Indian companies. Founders and investors are examining the fine print of shareholder agreements to avoid a similar outcome.
Japan’s largest oil and gas explorer, Inpex, said on Friday it had exercised its pre-emptive right to purchase JERA’s 0.735% interest in the Ichthys LNG project in Australia, blocking a deal previously agreed with MidOcean Energy.
Former New York Governor Andrew Cuomo argues that regulatory clarity is not merely a legal or political matter, but an economic one as well.

Tether says its exposure to EQIBank is minimal, with a stated maximum below $64 million. The seizure of $89 million in U.S. assets highlights the counterparty risks that remain in fiat gateway networks.

Persistent rain is delaying the early soybean harvest in the western US Midwest, tightening supplies. Processors are offering hefty premiums for immediate deliveries, while some plants are scaling back production, according to grain merchandisers and company data.
Markets in Khartoum are struggling to recover as soaring prices squeeze consumers and make it harder for traders to restock. Annual inflation rose from 44.50% in May to 51.28% in June, while food and beverage prices climbed 8.39% monthly. Many residents now struggle to afford healthcare, medicine and food.

Hungary’s central bank could still cut interest rates before year-end if external market conditions remain favourable and the government produces a credible deficit-reduction plan aimed at joining the euro, a senior central bank official said.
Power management company Eaton said it has agreed to buy Italy-based grid equipment maker COL Group from investment manager Oaktree Capital Management for an enterprise value of €810 million ($923.16 million), as it seeks to expand in Europe.
The WTO Dispute Settlement Body approved Russia’s repeated request to establish a panel examining its dispute with the European Union over the Carbon Border Adjustment Mechanism. Russia says the measure’s additional charges on some goods from third countries significantly restrict access to the EU market; its first request was blocked in July.
U.S. on-highway diesel rose to $6.529 a gallon on Sept. 21, up 24.4 cents in a week and setting another nominal record. Falling distillate inventories and tight global supply raise the risk of higher freight costs. If fuel and shipping prices keep inflation elevated, investors may expect the Federal Reserve to hold rates higher for longer, potentially weighing on Bitcoin.

Gazprom said its gas deliveries to China through the Power of Siberia pipeline exceeded the level recorded in the first half of 2025. The increase came as China’s overall gas imports, especially LNG, declined, which the company said demonstrated strong demand for Russian pipeline gas.
Former Moldovan President Igor Dodon says Moldova paid about $330 million more for gas over the past two and a half years after ending its Gazprom ties and buying from the EU at prices roughly 40% higher than the 2021 formula. He says the country failed to secure favorable European pricing, while some contract details remain confidential.
Russian Security Council Deputy Secretary Alexey Shevtsov says gas from any other potential supplier would cost Armenia substantially more than Russia’s preferential deliveries. Russia supplied over 2.2 billion cubic meters in 2025, about 83% of Armenia’s total gas imports. Shevtsov says diversification would bring added costs and could mean nearly $1.58 billion in annual overpayment at current European prices.
The United States is expected to publish details on the outcome of its trade negotiations with China on Monday, US Trade Representative Jamieson Greer said Friday.
In France’s Oise department, soaring energy prices driven by the war in Iran are hitting rural businesses hard, with heating-oil and diesel bills surging.
Romania is running one of the world’s most unusual debt-financing campaigns, offering people who donate blood a boosted 7% interest rate for participating in the bond program.
The EU has strengthened its energy relationship with the US while trying to limit its exposure to geopolitical shocks. But Washington’s proposed diesel-export restrictions highlight how quickly commercial reliance can turn into a strategic vulnerability.
Economist Dmitry Polevoy estimates that extending Russia’s progressive personal income tax to deposits, dividends, investments, and property sales could raise an extra 500–700 billion rubles annually. Rates would rise from the current 13–15% to a 13–22% scale, affecting about four million people. Polevoy says the measure may have a weaker anti-inflation effect and could even be mildly inflationary.
Qatar Airways has retired its last Airbus A330 passenger jets and seconded some pilots to Rwanda’s flag carrier, according to two people familiar with the matter and Reuters-reviewed data. The prolonged Iran war is disrupting Gulf aviation and speeding up the global retirement of older aircraft.
Global equity funds recorded their strongest inflows since early July in the week ending September 25, ending a two-week run of outflows. Renewed enthusiasm for artificial intelligence and lower oil prices outweighed a sharp increase in government bond yields.
Washington is providing millions of dollars to the so-called Trans-Caspian Enterprise Fund, aiming to catalyse private investment in the South Caucasus and Central Asia and shift the TRIPP corridor from diplomacy toward trade.
Bond volatility has climbed to its highest level since March, even as the bitcoin VIX, BVIV and Wall Street’s VIX remain close to their lows for the year.

Kazakhstan is allowing cryptocurrency miners to generate their own electricity from excess associated gas produced at oil fields. The move aims to curb gas flaring, boost oil output and attract miners back to the country.
Germany’s startup ecosystem is gaining momentum, with 3,053 startups founded in 2026—the highest figure since 2019. The recovery could be significantly amplified through the right policies at both national and EU level.
In less than two years, Bulgaria’s battery storage capacity has risen from zero to nearly a quarter of total installed power capacity, making it one of the world’s most battery-intensive energy markets. EU funding and almost €3 billion in private capital fueled the expansion. The batteries now help stabilize neighboring grids and profit from daily price swings, but the boom’s sustainability and impact on conventional generators remain uncertain.

Leaders are discussing how to mobilize more funding to mitigate climate change and adapt to its effects.
Bitcoin holders are taking profits, but their behavior differs from the pattern seen at earlier market peaks. The item is presented as a day-ahead market look for Sept. 25, 2026.

Ukraine expects to receive $29.5 billion from Western partners by the end of the year through several support programs, Finance Minister Sergey Marchenko said. He believes the funds should help avert a budget shortfall. Government data puts the deficit at about $57.4 billion.
The Bank of Russia is prepared to provide additional capital to the Russian National Reinsurance Company if necessary, First Deputy Governor Vladimir Chistyukhin said. RNRC suffered significant losses amid intense attacks on Russian facilities, vessels, oil and gas infrastructure and warehouses. The regulator has already approved a 165 billion-ruble injection.
Discussion in Washington about a possible diesel export ban is widening the price gap between US crude futures and the global Brent benchmark. Markets appear to expect US refiners to process less crude if they are unable to export the diesel they produce.
Ukraine announced in July that it would ease arms export restrictions through a fast-track process for sales to partner countries, but no export permits had been issued two and a half months later. Officials cited missing implementation mechanisms, while essential lists of restricted products and eligible countries remain unfinished. Industry groups also object to export charges of 20% on finished goods and 30% on components, warning they could erase profits and weaken competitiveness.

Japanese farmers go to extraordinary lengths to protect perfect strawberries and grapes from the elements, but the industry has been less successful at protecting itself from intellectual property theft overseas.
Ethena is adding Binance bStocks and equity perpetuals to the basis trade used to support USDe.

Tatneft said its oil production rose 6.7% year on year to 14.32 million tons in the first half of 2026, while gas output increased 6.6% to 469 million cubic meters. It produced 7.98 million tons of petroleum products, down 9.63%, and 518,000 tons of gas products, up 9%.
Kirill Dmitriev, Russia’s special presidential envoy for investment and economic cooperation, said the coming winter could be the European Union’s worst since 2022 and would again expose what he called EU bureaucrats’ “energy suicide” in breaking with Russian energy. EU energy chief Dan Jorgensen had said record-high prices and possible US supply disruptions could make the winter especially difficult.
Russian Security Council Deputy Secretary Alexey Shevtsov said Berlin’s politically motivated rejection of Russian gas caused gas prices to rise fivefold over the past five years. He said the result was economic stagnation turning into recession, a sharp industrial decline and fewer jobs.
India is considering requiring power plants to mix imported coal with domestic supplies, three government sources said. It would be the first such move since 2024, aimed at easing a supply crunch that has driven monthly spot power prices to their highest level since 2022.
Beijing Eswin Computing Technology is set to solicit orders from institutional and public investors on Monday for a Hong Kong IPO targeting about US$300 million, according to people familiar with the matter. Investor interest has already been gauged, with trading expected to begin on October 8.

French markets are coming under increasing pressure as concerns over high debt and political gridlock intensify ahead of next year’s presidential election. Investors are focusing on five key market hot spots.
Britain’s food exports, including salmon, fell sharply in the first half of the year as US tariffs dealt a setback to farmers and other producers.
Fed Chairman Kevin Warsh is pushing rapid changes in some areas, while his emerging policy framework indicates that additional rate hikes remain possible.

Hong Kong banks have closed about 40 per cent of their physical branches in recent years, with the total falling from 1,500 to roughly 900, according to local banking executives. The number of licensed banks has remained stable at around 150, said Shanghai Commercial Bank CEO Sunny Cheung.

A private survey indicates that China’s exports to the United States rebounded as companies positioned themselves for continued stability between the world’s two largest economies ahead of the Trump-Xi summit.

Bitcoin is consolidating near $84,000 while altcoins broadly advance. Quant gained 39% in 24 hours, 93 of the 100 CoinDesk 100 constituents rose, and the altcoin season index reached its highest level in more than three months.

US prosecutors allege that payments group Capstone illegally moved hundreds of millions of dollars for crypto companies Tether and Bitfinex, acting at the direction of a Caribbean bank. Authorities have seized the group’s bank accounts.
Shares of Swedish microcap Nanexa more than doubled after the drug-delivery company announced a licensing agreement with European pharmaceutical giant Novo Nordisk.

India’s campaign against dirty kitchens is generating unexpected business for consultants, auditors and lawyers.
Surging fuel and heating-oil prices are straining businesses and households in rural France, where cars and oil heating are widely relied upon. Bakers and a food-truck owner in northern France say higher energy bills are eating into their earnings and making daily life more difficult.
Airbus shares fell more than 1% on Friday after the European planemaker said it had found a quality flaw inside the fuselage of hundreds of its best-selling A321neo jets.
Bitcoin ETFs were at one point in July showing $5.8 billion in net outflows for the year. They have since recovered to record $800 million in net inflows.

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