Musk Says Texas Terafab Could Match GDP of Top 20 Countries
Benzinga reports Elon Musk expects Terafab’s Texas chip complex to reach the scale of a top-20 national GDP, with $16.8 billion planned.
1 source · Benzinga
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Benzinga reports Elon Musk expects Terafab’s Texas chip complex to reach the scale of a top-20 national GDP, with $16.8 billion planned.
1 source · Benzinga
BYD executive Stella Li told BFM the automaker is examining France for a plant as it advances plans to expand electric-car output across Europe.
1 source · Reuters
Serbia’s annual inflation rose to 4.1% in September from 2.2% in August, marking its highest level since August 2025, Trading Economics reported.
1 source · Trading Economics
Avation reported $300 million of notes outstanding under its $1 billion GMTN programme and said it may continue buying securities in the open market.
1 source · London Stock Exchange
C&D International Investment Group Ltd reported cumulative contracted sales of RMB65.58 billion for the nine months ended Sept. 30, 2026.
1 source · Reuters
IOI Corporation reported September output of 1.1 million coconuts, fresh fruit bunches, crude palm oil and palm kernels in its operations.
1 source · Reuters
Nvidia hit a record high, but chart signals point to possible exhaustion. Analysts are watching $210, $204.84 and $185.94 for confirmation.
1 source · Dow Jones Newswires
HKEX disclosures show Tencent repurchased 235,000 shares for HK$100.4 million, while Xiaomi acquired 2.5 million Type B shares for HK$61.2 million on Oct. 12.
2 sources · Newsmetry API, Reuters
Reuters reports that the High Court ordered a petition involving Agile Group Holdings Ltd to be adjourned until 7 December 2026. The company disclosed the new date.
1 source · Reuters
Jaya Tiasa Holdings reported September output of 113,251 metric tonnes of fresh fruit bunches, 27,288 tonnes of crude palm oil and 11,222 cubic metres of logs.
1 source · Reuters
Reuters reports that Pengana International Equities declared a fully franked quarterly dividend of 1.4 Australian cents per share at a 25% tax rate.
1 source · Reuters
Far Eastern University posted a quarterly net loss attributable to shareholders of 42.3 million pesos, while gross revenue reached 747.8 million pesos.
1 source · Reuters
BTIG maintained its $170-a-share price target for ServiceNow. Dow Jones Newswires referenced Benzinga data on the analyst action.
1 source · Dow Jones Newswires
Reuters reports that Yue Yuen Industrial (Holdings) recorded net consolidated operating revenue of $668.60 million for September 2026.
1 source · Reuters
HKEX has announced the launch of the S&P 500 and HKEX Tech 100 indexes with S&P Dow Jones Indices, Reuters reported, marking a new partnership.
1 source · Reuters
China Industrial Securities International Financial Group sold bonds with a principal amount of $13.7 million for $14.1 million from July 16 to October 9.
1 source · Reuters
Kingsoft expects its pre-tax share of losses from joint ventures and associates to reach RMB1,000-1,200 million in Q3 2026, Reuters reports.
1 source · Reuters
Cinda Securities said A-share stocks will be delisted on October 19, Reuters reported, citing the company’s statement. No further details were provided.
1 source · Reuters
U.S. stock futures advanced as oil prices fell, while memory-chip shares weakened ahead of major bank earnings and September inflation data.
1 source · Dow Jones Newswires
The UAE’s net wealth could reach $6 trillion by 2030, BCG says. Financial wealth is projected at $2.1 trillion and real assets at $4.2 trillion.
1 source · Zawya