Market News for September 29, 2026
Every story Market Flux published on September 29, 2026.
- Market Flux Event
Trump Signs Morally Binding AI Accord With Tech Leaders and Rebrands Artificial Intelligence as Super Intelligence
President Trump convened the chief executives of America's leading artificial intelligence companies at the White House, emerging with a signed accord that the parties described as morally…
- Market Flux Event
Robinhood Launches AI Trading Agents and OpenAI Debuts Dots at DevDay 2026
Robinhood unveiled an AI agent platform on September 29, positioning the brokerage to capture active traders who want automated, around-the-clock market access. The AI agent can answer…
- Market Flux Event
WTI Crude Drops 3.9% to $89 as Saudi Supply Improves and Hormuz Flows Recover
Oil prices fell sharply on Tuesday as fears of prolonged supply disruptions eased on two fronts. WTI crude settled down 3.48%, or $3.22, to $89.01 a barrel, while Brent dropped below $103…
- Market Flux Event
Crude Inventories Surprise to the Upside as US Taps SPR and Energy Sector Earnings Roll In
U.S. crude oil inventories rose in the latest weekly report, defying forecasts and reversing the trend of recent data, a bearish development for oil prices that came on the same day the…
- Most Active
Piper Sandler in Talks to Acquire Perella Weinberg Partners in Boutique Bank Merger
Piper Sandler is in discussions to acquire Perella Weinberg Partners, according to reports from The Wall Street Journal and Bloomberg published September 29, 2026. A deal could be finalized…
- Most Active
Iovance Biotherapeutics Raises Full-Year 2026 Revenue Guidance to $410-$420 Million, Stock Surges 33%
Iovance Biotherapeutics raised its full-year 2026 total revenue guidance range to $410 to $420 million, well above prior analyst estimates, citing strong U.S. demand for its melanoma cell…
- Unusual Volume
Fair Isaac Suffers Worst Single-Day Collapse Since 1989 After FHFA Strips FICO Mortgage Monopoly
Fair Isaac shares plunged roughly 27 percent on Tuesday, their steepest single-day decline since 1989, after Federal Housing Finance Agency Director Bill Pulte announced that Fannie Mae and…
- Top Mover
Fair Isaac Suffers Worst Single-Day Drop Since 1989 After FHFA Opens Mortgage Scoring to VantageScore
Fair Isaac shares cratered roughly 27% on Tuesday, their worst single-day decline since 1989, after Federal Housing Finance Agency director Bill Pulte announced that Fannie Mae and Freddie…
- Top Mover
Carnival Surges 12% After Record Q3 Revenue and Raised Full-Year Guidance
Carnival Corporation posted record third-quarter results that beat Wall Street estimates on every major metric, sending its shares up as much as 14% to around $25 on Tuesday. Revenue rose…
- Market Flux Event
Tesla Secures $30 Billion in New Credit Facilities, Replacing Existing $5 Billion Revolver
Tesla disclosed in an SEC filing on September 29, 2026 that it has entered into $30 billion in new financing arrangements, a dramatic expansion of its available credit. The package consists…
- Top Story
Euro Hits 16-Month Low and AUD Drops Despite RBA Hike as 30-Year Treasury Yield Surges to 5.60%
The U.S. dollar extended its advance to fresh highs on Tuesday, powered by a surge in Treasury yields that pushed the 30-year rate to 5.60%, a level not seen since 2004. The euro fell to a…
- Top Story
Wells Fargo Raises 10-Year Treasury Forecast to 5.25%-5.75% as Yields Hit Multidecade Highs
Wells Fargo Investment Institute sharply raised its forecast for the 10-year US Treasury yield, projecting it will reach 5.25%-5.75% by the end of 2027, up from a prior forecast of…
- Market Flux Event
Fed Officials Stress Policy Transparency as Barr Flags AI-Driven Inflation Pressure
Federal Reserve officials used a September 29 speaking slate to reinforce the importance of clear policy communication and flag emerging inflation risks, with St. Louis Fed President…
- Market Flux Event
Oil Prices Drop 3.5% as Saudi Pipeline Flows Recover and US Taps Strategic Reserve
U.S. crude oil futures settled at $89.38 per barrel on September 29, falling $3.22 or 3.48% on the session, as two supply-side developments pushed prices lower. Saudi Arabia's East-West…
- Market Flux Event
WTI Crude Settles at Lowest in a Month as Saudi Pipeline Flows Recover Faster Than Expected
Oil prices tumbled on September 29 as signs of recovering crude exports from the Middle East eased supply fears that had kept prices elevated for weeks. US West Texas Intermediate crude…
- Unusual Volume
CarMax Q2 Fiscal 2027 EPS Surges 81% as Revenue Jumps Nearly 20% to $7.9 Billion
CarMax posted a blowout second quarter for fiscal 2027, with revenue rising 19.5% year over year to $7.9 billion against analyst estimates of $7.01 billion. Diluted earnings per share…
- Market Flux Event
US Taps Last 40 Million Barrels of SPR as Diesel Hits $6.44 a Gallon and White House Eyes European Reserves
The U.S. Department of Energy is offering the final 40 million barrels of crude from the Strategic Petroleum Reserve, completing the 172 million barrel coordinated emergency release pledged…
- Market Flux Event
Supreme Court Reinstates Trump Third-Country Deportations and Will Hear Case in December
The Supreme Court on Tuesday allowed the Trump administration to resume deporting migrants to countries to which they have no prior connection, blocking a lower appeals court ruling that…
- Market Flux Event
Fed's Williams Signals One More Rate Hike Likely in Late 2026 With No Urgency to Act
Federal Reserve Bank of New York President John Williams said one more interest-rate hike in 2026 may be appropriate to help contain inflation, but emphasized there is no urgency to act…
- Market Flux Event
OpenAI Seeks $30 Billion in New Funding at $1.4 Trillion Valuation After IPO Delay
OpenAI is targeting at least $30 billion in a new private funding round at a valuation of approximately $1.4 trillion, excluding the money to be raised, according to people familiar with…
- Market Flux Event
New York Fed President Williams Signals One More Rate Hike Likely in 2026 With No Urgency to Act
New York Federal Reserve President John Williams said on September 29 that if the economy performs as expected, one additional interest rate hike is likely before the end of the year…
- Top Story
CarMax Beats Q2 Estimates by Wide Margin as Used-Car Demand Surges and Buybacks Return
CarMax dominated Tuesday's market action after reporting second-quarter fiscal 2027 results that sharply exceeded Wall Street expectations. The used-car retailer posted adjusted earnings of…
- Market Flux Event
Euro Hits 16-Month Low and AUD Drops Despite RBA Hike as 30-Year Treasury Yield Surges to 5.60%
The U.S. dollar extended its advance to fresh highs on Tuesday, powered by a surge in Treasury yields that pushed the 30-year rate to 5.60%, a level not seen since 2004. The euro fell to a…
- Market Flux Event
Fed Governor Barr Signals Further Rate Hikes Needed as Inflation Risks Rise
Federal Reserve Governor Michael Barr said on September 29 that further interest rate adjustments are likely needed, warning that the United States has no clear path back to the Fed's 2%…
- Market Flux Event
Bitcoin Stalls Below $85,000 as ETF Inflows Weaken and Rate Fears Mount
Bitcoin traded in a tight range between $82,807 and $84,545 on September 29, settling near $83,150 as a confluence of macro pressures kept prices from breaking through a dense supply wall…
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- Market Flux Event
Bitwise Launches First US Spot NEAR ETF with Staking Rewards on NYSE Arca
Bitwise Asset Management has listed the first US spot NEAR Protocol exchange-traded fund on NYSE Arca under the ticker NRR, giving American investors direct exposure to NEAR alongside…
- Market Flux Event
US Releases Final 40 Million Barrel Tranche From Strategic Petroleum Reserve Amid Iran War
The US Energy Department on September 29 offered up to 40 million barrels of crude oil from the Strategic Petroleum Reserve, with bids due October 6. The release represents the final…
- Market Flux Event
CarMax Beats Q2 Estimates by Wide Margin as Used-Car Demand Surges and Buybacks Return
CarMax dominated Tuesday's market action after reporting second-quarter fiscal 2027 results that sharply exceeded Wall Street expectations. The used-car retailer posted adjusted earnings of…
- Market Flux Event
Bitwise Launches First US Spot NEAR ETF on NYSE Arca with Staking Rewards
Bitwise Asset Management launched the Bitwise NEAR ETF, ticker NRR, on NYSE Arca on September 29, making it the first spot exchange-traded product in the United States offering direct…
- Market Flux Event
S&P 500 Wavers While Nasdaq Gains as Treasury Yields and Oil Prices Pull Back
U.S. stock markets opened higher on September 29 before turning mixed, with the Nasdaq outperforming as technology shares rallied while the broader S&P 500 slipped. The session marked a…
- Market Flux Event
US 30-Year Treasury Yield Hits 24-Year High Above 5.64% as Bond Rout Deepens
The US 30-year Treasury yield surged above 5.64% on Tuesday, its highest level since 2002, while the 10-year yield climbed to 5.24%, a level not seen since 2007. The moves extended a…
- Top Story
Anthropic Files for $2 Trillion IPO With Existential AI Risk Warning as Tech Giants Converge on White House
Anthropic has filed an IPO prospectus targeting a $2 trillion valuation, which would make it the largest public offering in history, while explicitly warning potential investors that its…
- Market Flux Event
AMD Buys Fei-Fei Li's World Labs for $8.2 Billion as Nvidia Launches AI Agent Safety Platform
AMD is acquiring World Labs, the physical AI startup co-founded by researcher Fei-Fei Li, in an all-stock deal valued at approximately $8.2 billion. The two-year-old company focuses on…
- Market Flux Event
Anthropic Seeks $2 Trillion IPO Valuation While Warning Its AI Could Pose Existential Risk to Humanity
Anthropic filed an IPO prospectus seeking a valuation above $2 trillion, which would be the largest public offering in history, surpassing SpaceX's $1.77 trillion valuation from its June…
- Market Flux Event
UK PM Burnham Pledges Public Control of Water and Energy, Electoral Reform and EU Reset at Labour Conference
Prime Minister Andy Burnham used his keynote address to the Labour Party's annual conference in Liverpool on September 29 to lay out an ambitious domestic agenda he described as building "a…
- Market Flux Event
Piper Sandler in Talks to Acquire Perella Weinberg Partners in Wall Street Advisory Merger
Piper Sandler is in discussions to acquire Perella Weinberg Partners, according to a report by The Wall Street Journal published on September 29, 2026. A deal would combine two prominent…
- Market Flux Event
US Consumer Confidence Crashes to 81.9 in September, Far Below Forecasts, as Inflation Fears and Rate Anxiety Mount
The Conference Board's Consumer Confidence Index plunged 6.7 points to 81.9 in September, missing economist forecasts of 89.0 by the widest margin in recent memory and prompting comparisons…
- Market Flux Event
Canada GDP Flat in July After Three Months of Growth, August Seen Rebounding 0.2%
Canada's economy stalled in July, with Statistics Canada reporting gross domestic product unchanged from the prior month, snapping a three-consecutive-month streak of expansion. June's…
- Market Flux Event
Trump Launches AI Government Portal and Signs Executive Order at White House Tech Summit
President Trump launched America.gov, a new AI-powered portal billed as a front door for government services, on Tuesday ahead of a White House luncheon with the country's most powerful…
- Market Flux Event
OpenAI Annual Revenue Run Rate Nears $70 Billion as Enterprise Sales More Than Double
OpenAI's annualized revenue run rate is approaching $70 billion, a rise of more than 70% since the start of the third quarter, according to Axios. The acceleration is broad-based but led by…
- Market Flux Event
Carnival Posts Record Q3 Revenue of $8.43B as Profit Rises to $1.92 Billion
Carnival Corporation reported third-quarter results that beat Wall Street estimates on both the top and bottom lines, sending shares higher on September 29. Revenue reached a record $8.43…
- Market Flux Event
Eli Lilly Says Zepbound Outperforms Higher-Dose Wegovy in New Weight Loss Data, and Touts Foundayo Edge Over Ozempic Pill
Eli Lilly released new clinical data on September 29 showing that its obesity drug Zepbound delivered greater weight loss than a higher-dose version of Novo Nordisk's Wegovy, extending…
- Market Flux Event
uniQure's AMT-130 Shows 61% Slowing of Huntington's Progression at 48 Months, Supporting Pending BLA
uniQure reported new long-term data from its ongoing Phase I/II study of ifezuntirgene inilparvovec, known as AMT-130, showing continued slowing of Huntington's disease progression in 12…
- Market Flux Event
Fair Isaac Shares Plunge 18% Premarket as Mortgage Pricing Overhaul Threatens FICO Monopoly
U.S. stock futures steadied on Tuesday morning after a losing Monday session driven by rising Treasury yields, with Dow futures up about 46 points, S&P 500 futures gaining 0.1% and…
- Market Flux Event
US Stock Futures Recover Tuesday as Tech Steadies Despite Surging Treasury Yields and AI Safety Concerns
US stock futures clawed back into positive territory Tuesday morning after a losing session Monday, when soaring Treasury yields and jitters over artificial intelligence safety dragged the…
- Market Flux Event
Oil Risk Premium Hardens as Brent Holds Above $105 and IEA Rules Out New Reserve Release
Brent crude held near $105 a barrel and WTI near $92 on September 29, with Standard Chartered Bank Energy Research Head Emily Ashford declaring there will be no return to normal for the oil…
- Market Flux Event
Shell-Led Consortium Approves $23 Billion LNG Canada Phase 2 Expansion, Doubling Export Capacity
A Shell-led consortium has given the final green light to the Phase 2 expansion of LNG Canada, committing roughly 33 billion Canadian dollars, or $23 billion US, to double the facility's…
- Market Flux Event
Anthropic Files for $2 Trillion IPO With Existential AI Risk Warning as Tech Giants Converge on White House
Anthropic has filed an IPO prospectus targeting a $2 trillion valuation, which would make it the largest public offering in history, while explicitly warning potential investors that its…
- Market Flux Event
Meta Launches Muse for Small Business With Integrations for Slack, Zoom and Intuit as Zuckerberg Eyes New Revenue Beyond Ads
Meta unveiled Muse for Small Business on Tuesday, extending its recently launched personal AI agent into the commercial market. The small-business version connects the Muse agent to widely…
- Market Flux Event
Oura Pulls Nasdaq IPO Scheduled for This Week Citing Market Uncertainty
Smart ring maker Oura postponed its planned Nasdaq debut on Tuesday, September 29, citing uncertainty in the IPO market. The company had been set to list under the ticker OURA during the…
- Market Flux Event
Tesla FSD Supervised Approved in Croatia, Marking Eighth EU Member State Clearance
Tesla has secured regulatory approval to deploy its Full Self-Driving Supervised driver-assist software in Croatia, making it the eighth European Union member state to greenlight the…
- Market Flux Event
Anthropic Files IPO Prospectus Targeting $2 Trillion Valuation as Revenue Soared and Losses Widened in 2025
Anthropic has filed an IPO prospectus seeking a $2 trillion valuation, offering the first public look at its finances and its sweeping ambitions for artificial intelligence. The company's…