Saturday, October 3, 2026

Sunday's News Links

[Yahoo/Bloomberg] Wall Street’s AI Party Is on Edge as Soaring Yields Raise Risks

[Yahoo/Bloomberg] Bessent downplays worries on rising yields, AI bubble concerns

[Yahoo Finance] Wall Street's merger frenzy takes a third quarter breather: Chart of the Day

[Reuters] Iran says Strait of Hormuz will not reopen until conditions are met

[CNBC] More tankers struck in the Middle East as Iran reiterates conditions for reopening the Strait of Hormuz

[Axios] Iranian diplomats "kicked out" of U.S. after ignoring order to leave

[Reuters] Yemen leader announces major military operations against Iran-backed Houthis

[Reuters] Yemen's Houthis say they attacked Aramco facility in Riyadh with missiles, drones

[Axios] Scoop: Powerful open model is set to shake up AI race

[Yahoo/Fortune] America’s budget, the bond market and the national debt at 250: Gradually, then suddenly

[AP] Brazil’s presidential vote pits Trump ally against incumbent Lula

[Reuters] Ukraine will hit Russian refineries in response to Moscow's 'new doctrine' of airstrikes, Zelenskiy says

[Bloomberg] Bessent Says AI Industry Must Own Its Risks and Find Solutions

[Bloomberg] Australian Treasurer Calls US-Iran War an Economic ‘Disaster’

[WSJ] Truckers Are Using Every Trick They Can to Survive Soaring Diesel Prices

[WSJ] The Death of the Old Middle East—and the Dangerous New World Replacing It

[FT] Investors look to shelter portfolios from rising AI concentration risks

[FT] Legal risks pile up for Altman as OpenAI uncovers dozens of hacks

[FT] Wall Street’s IPO fervour cools on tepid demand and valuation worries

[FT] Masayoshi Son’s AI ambitions outgrow SoftBank’s balance sheet

[FT] The US is looking more like Italy

[FT] China closes hundreds of banks to bolster financial system

[FT] Russia strikes Kyiv as Germany’s Merz arrives to show support for Ukraine