All-time record options activity came following September Fed meeting, says CBOE's Mandy Xu
Youtube· 2025-09-22 18:13
Joining us with a read on the options market, Mandy Sue, head of derivatives, market intelligence at SIBO Global Markets. Mandy, great to have you with us. >> Hey Melissa, great to be here.>> So, I'm wondering if the bullish activity if that sort of tenor changed at all post Fed or has it been bullish all along. >> So, if anything, I would say the bullish activity has actually picked up following the Fed meeting uh last week. So for example on Friday we had a record amount of single stock options trade in t ...
U.S., U.K. Form Task Force to Align on Crypto and Capital Markets
Yahoo Finance· 2025-09-22 18:10
The U.S. and U.K. have established a joint Transatlantic Taskforce aimed at strengthening cooperation on capital markets and digital assets. The task force, announced on Sep. 22 by U.K. Chancellor of the Exchequer Rachel Reeves and U.S. Treasury Secretary Scott Bessent, will bring together officials from HM Treasury, the U.S. Treasury and market regulators across both jurisdictions. Two of the goals of the task force is to develop approaches to digital asset oversight and explore new opportunities in who ...
Apple iPhone 17 Demand Could Exceed Expectations: Gene Munster Says 'Upside Over The Next Year' Coming
Benzinga· 2025-09-22 18:09
Early demand indicators show strong lead times for the iPhone 17 from Apple Inc. AAPL. Deepwater Asset Management's Gene Munster highlights the strength of Apple's new smartphone, which could drive upside potential for the stock in the coming year.Apple Sees Strong Early DemandMunster says Apple's strength in hardware and demand for the iPhone 17 could do enough to offset expectations for AI."Over the past year, Apple may have stumbled on AI, but they continue to lead when it comes to hardware," Munster sai ...
Bitcoin Price Prediction: Will Mass Liquidation Clean Slate Trigger Recovery?
Yahoo Finance· 2025-09-22 18:08
In the latest Bitcoin price prediction, the dust settles over a mass liquidation event, and as traders assess a clean slate, is recovery on its way for BTC USD price? Bitcoin price slipped at the beginning of the new week, crushed by excessive liquidations throughout the derivatives market. CoinGlass reported on X that cryptocurrency markets saw $1.7Bn in liquidations over the past 24 hours, with long positions accounting for $1.62Bn of the total. As of press time, BTC was trading near $113,039, down abo ...
Wall Street Extends Record Run Amid Tech Surge and Fed Optimism
Stock Market News· 2025-09-22 18:07
Market Performance - U.S. equity markets showed strong performance on September 22, 2025, with major indexes extending their record-setting rally despite early profit-taking and government shutdown concerns [1] - The S&P 500 closed at 6,664.36, up 0.5%, marking a new high, while the Nasdaq Composite rose 0.7% to 22,631.48, and the Dow Jones Industrial Average increased by 0.4% to 46,315.27 [2] - Afternoon trading saw the S&P 500 and Nasdaq Composite recover from initial dips, with the S&P 500 up 0.2% and Nasdaq gaining 0.3% [3] Sector Performance - The Technology Select Sector SPDR (XLK) gained 1% on Friday, driven by developments in artificial intelligence, while the Energy Select Sector SPDR (XLE) fell 1.3% [4] - Consumer stocks faced declines, with the Consumer Staples Select Sector SPDR Fund (XLP) dropping 1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.3% [4] - Basic Materials showed strength in mid-session trading, indicating a selective market where growth-oriented sectors like technology outperformed [4] Corporate Earnings and Developments - Micron (MU) is set to report quarterly results, providing insights into semiconductor demand trends [7] - Nvidia (NVDA) shares surged by 3.5% following a strategic partnership with OpenAI, with Nvidia investing up to $100 billion [8][9] - Pfizer (PFE) advanced 2.5% after acquiring Metsera (MTSR) for up to $7.3 billion, while Metsera shares skyrocketed by approximately 60% [13] - Apple (AAPL) and Tesla (TSLA) rose approximately 4% and 2% respectively, following price-target hikes from investment firms [13] - Oracle (ORCL) stock climbed nearly 5% after a leadership reshuffle, with CEO Safra Catz transitioning to an executive vice chair role [13] - AppLovin Corp. (APP) surged 4.5%, contributing to the tech sector's strong performance [13] - Western Digital (WDC) generated a robust 41% return over the last month, significantly outperforming other S&P 500 stocks [13] Upcoming Market Events - Federal Reserve Chair Jerome Powell's speech on September 24 is anticipated to provide guidance on monetary policy following the recent rate cut [5] - The release of the Personal Consumption Expenditures (PCE) index on September 26 will be crucial for assessing inflationary pressures [6] - The U.S. S&P Global Manufacturing and Services PMI Flash for September will be released on September 23, offering insights into the health of the manufacturing and services sectors [6]
Citigroup taps Goldman, BNY veterans for senior wealth leadership roles, memo says
Reuters· 2025-09-22 18:07
Citigroup's wealth management arm has hired two senior executives to bolster its investment solutions business, according to a memo seen by Reuters on Monday. ...
Kazakhstan Awards Wabtec a $4.2 Billion Locomotive Order
Businesswire· 2025-09-22 18:07
PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today a landmark agreement with National Company Kazakhstan Temir Zholy (KTZ), the national railway of Kazakhstan, to deliver Evolution Series locomotives and provide long-term service support. The multi-year order, valued at $4.2 billion, marks the largest locomotive agreement in Wabtec's history. "For over two decades, our partnership with KTZ has been critical in transforming Kazakhstan's rail industry,†said Rafael Santan. ...
Owens Corning Expands U.S. Footprint With Prattville Roofing Plant
ZACKS· 2025-09-22 18:06
Key Takeaways OC will build a 250,000-square-foot shingle facility in Prattville, with production starting in 2027.The new plant will produce six million square feet of laminate shingles annually, mainly premium Duration.The Prattville facility will create nearly 100 skilled jobs and leverage advanced automation for efficiency.Owens Corning (OC) has announced plans to build a new shingle manufacturing facility in Prattville, AZ. The investment reflects the global building products leader's strategic commitm ...
Rocket Lab's Surge Defies Gravity
Seeking Alpha· 2025-09-22 18:06
Rocket Lab (NASDAQ: RKLB ) the stock has rallied 115% since I called the inflection point with another 34% gain since my last coverage , evidence that markets are recognizing its structural advantages. The company’s vertical integration, spanning launch, spacecraft, components, and payloads, creates aHi, I'm Yiannis. Spotting winners before they break out is what I do best.Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accounta ...
NX Investors Have Opportunity to Lead Quanex Building Products Corporation Securities Fraud Lawsuit
Prnewswire· 2025-09-22 18:05
NEW YORK , Sept. 22, 2025 /PRNewswire/ --Â Why: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Quanex Building Products Corporation (NYSE: NX) between December 12, 2024 and September 5, 2025, both dates inclusive (the "Class Period"). ...