Thursday's News Links

[CNBC] S&P, Nasdaq lower as Oracle results fail to stoke AI trade: Live updates 

[CNBC] Oracle shares plummet over 12% in premarket, dragging down AI stocks

[Yahoo/Bloomberg] Bitcoin Dips Below $90,000 After Fed Cut Widens Stocks Split

[Yahoo/Bloomberg] Oracle Drops on Disappointing Cloud Sales, More AI Spending

[Reuters] US weekly jobless claims surge amid seasonal adjustment challenges

[Reuters] US September trade deficit lowest in more than five years as goods exports soar

[CNBC] Bessent to propose major overhaul of regulatory body created from financial crisis

[Axios] Wall Street prepares for a $3 trillion IPO gusher

[Reuters] AI bubble? Opinions divided on tech's trillion dollar question

[Yahoo/Bloomberg] US Forces Seize Sanctioned Oil Tanker Off Venezuelan Coast

[Reuters] Over 30 sanctioned ships in Venezuela at risk after US tanker seizure

[Politico] ‘He’s going to be next’: Trump threatens Colombian president

[AP] Mexico’s Congress approves tariff hikes on imports from China and others

[AP] Zelenskyy will hold urgent talks with 30 countries as Trump pushes for swift peace deal with Russia

[Reuters] US bombers join Japanese jets in show of force after China–Russia drills, Tokyo says

[Reuters] Thailand and Cambodia keep fighting across contested border ahead of expected Trump calls

[Bloomberg] ‘Silent Dissents’ Reveal Growing Fed Resistance to Powell’s Cuts

[Bloomberg] Oracle Is Having Its Own ‘Code Red’ AI Moment

[Bloomberg] Axa Warns on Data Center ‘Gambles’ as Private Credit Risks Rise

[Bloomberg] BOE Governor Sees Signs AI is Starting to Boost Economies

[Bloomberg] Manhattan Rents Hit Record High as Mamdani Won Mayoral Election

[Bloomberg] China Vows to Stabilize Property Market as Crisis Deepens

[Bloomberg] China Launches Massive Aerial Drone Carrier in Show of Prowess

[NYT] Fed Divisions Underscore Challenge for Trump’s Next Chair

[NYT] Why Oracle Is Worrying Investors About the A.I. Boom

[WSJ] Fed’s Fractured Vote Signals Trouble Ahead for Future Rate Cuts

[WSJ] Oracle Can’t Escape OpenAI’s Shadow

[WSJ] AI Hackers Are Coming Dangerously Close to Beating Humans

[WSJ] Showdown Over Healthcare Vote Is a Sign of What’s to Come

[WSJ] For Trump, the Warner Megadeal Talks Are All About CNN

[WSJ] Crumbling Peace Deals Show Limits of Trump’s Approach to Ending Wars

[WSJ] China’s AI Power Play: Cheap Electricity From World’s Biggest Grid

[WSJ] U.S. Flies Bombers in High-Profile Show of Support for Japan

[FT] Beware rushing into private credit deals, warns Canadian pension giant

[FT] How China racked up a $1tn trade surplus

Wednesday Evening Links

[CNBC] Stock futures are little changed after Dow rallies on Fed rate cut, Oracle fails to stoke AI trade: Live updates

[Yahoo/Bloomberg] Gold Gains as Fed Delivers Expected Cut With Less Hawkish Tilt 

[AP] Federal Reserve cuts key rate, sees healthier economy next year

[CNBC] Here are the five big takeaways from Wednesday’s Fed rate decision

[Yahoo/Reuters] Fed's Powell says inflation overshoot caused by Trump tariffs

[AP] Trump says the US has seized an oil tanker off the coast of Venezuela

[Axios] Exclusive: New OpenAI models likely pose "high" cybersecurity risk, company says

[Axios] Ukraine officially responds to U.S. peace plan under pressure from Trump

[Yahoo/Reuters] Japan firms say strained Sino-Japan ties top concerns for 2026: Reuters poll

[Bloomberg] US Budget Gap Shrinks Slightly in Second Month of Fiscal Year

[Bloomberg] Oracle Credit Risk Gauge Deteriorates After Earnings Report

[Bloomberg] Japan-China Spat Lacks Immediate Offramp Despite Komeito Talks

[NYT] Fed Cuts Rates Again, Is Divided Over Future Moves

[NYT] As the Price of Beef Soars, Restaurants Are in ‘Code Red’ Mode

[WSJ] Fed Cuts Rates Again, Signals It May Be Done for Now

[WSJ] Fed to Resume Net Asset Purchases With $40 Billion in Securities This Month

[WSJ] U.S. Seizes Oil Tanker Off Venezuela in Escalation of Pressure on Maduro Regime

[WSJ] A Divided Fed Cuts Rates Again—but Why?

[WSJ] Trump Says Chips Ahoy to Xi Jinping

[FT] Fed to launch $40bn debt-buying scheme after money market strains