BUSINESS

Pfizer's stock rises to a 52-week high following a drug pricing deal with the Trump administration, strong earnings, and a legal settlement resolution, marking a significant recovery for the company.

McDonald's stock shows a modest rebound despite ongoing U.S. traffic challenges, with new menu items and leadership changes aimed at reversing domestic sales slowdown.

Scorpio Gold Corporation's shares surged over 129% in volatile trading after debuting on Nasdaq, driven by strong gold market conditions and strategic cross-border listing efforts.

A three-day Microsoft 365 outage affected Outlook, Teams, and other services due to an authentication misconfiguration, causing widespread disruption and user complaints before gradual recovery efforts began.

Elon Musk forecasts AI could add $30 trillion annually to the global economy but warns of an imminent electricity shortage that may hinder AI's growth, urging countries to expand power generation.

EQ Resources shares fell 9.41% amid a market selloff, despite benefiting from a tungsten price surge. The decline reflects broader market pressures rather than company-specific issues.

South Korea's KOSPI index fell nearly 4% as US-Iran tensions and rising oil prices triggered a global bond market selloff, impacting major semiconductor stocks like Samsung and SK Hynix.

Australian shares experienced a sharp decline as U.S. military strikes on Iran led to rising oil prices and a global bond market selloff, impacting investor sentiment across various sectors.

UPS customers reported website and app issues, leading to complaints on social media. Outage-tracking services showed discrepancies in reports, highlighting challenges in monitoring service health.

Kawasaki's 2027 Ninja 500 debuts with a new Lime Green paint scheme, maintaining the same engine and features as the 2026 model. The price remains unchanged, offering a stable value proposition.

Toyota's shares rise as hybrid sales increase, despite tariff challenges and market shifts. The company plans significant hybrid production expansion by 2027, while navigating U.S. and China market dynamics.

Ally Bank customers reported online access issues, highlighting the challenges of digital-only banking. Outage-tracking sites logged disruptions, with guidance suggesting alternative transaction methods during outages.

GameStop's shares rose slightly as investors awaited the closure of a $1.4 billion convertible-note exchange. The company reported lower net sales but higher operating income, highlighting strategic financial adjustments.

Amazon shares fell over 2% amid geopolitical tensions in the Strait of Hormuz and rising Treasury yields, contributing to a broader market downturn. Analysts remain optimistic about Amazon's long-term prospects.

Tesla shares fell 2.6% as investors locked in gains before the Cybercab event. The company focuses on autonomy and robotics, with high capital expenditure and uncertain robotaxi revenue.

John Ternus becomes Apple's CEO, succeeding Tim Cook, as the company faces pivotal product launches and intensifying competition in artificial intelligence.

ProtonMail users face ongoing access issues due to recent outages, including a major data center cooling failure in Germany. The company is investigating and updating users via its status page.

Apple tested a specialised Apple Pencil for its foldable iPhone, but concerns over screen damage and design constraints likely prevent its launch alongside the device next month.

Fervo Energy's shares rose over 12% following a major geothermal power supply deal with Google, countering recent investor concerns and highlighting the company's strategic growth in clean energy.

The Dow Jones fell as Wall Street opened September cautiously, influenced by Middle East tensions, rising bond yields, and uncertainty over the Federal Reserve's next move.

Elon Musk announced Tesla's Full Self-Driving software will soon include pothole avoidance, a feature promised seven years ago. The update is expected as a software release, enhancing existing vehicles.

Pinnacle Investment's shares fell over 10% as investors reassessed the unchanged dividend despite a 31% profit rise and record inflows. The stock's volatility reflects market sensitivity to performance fees.

Australia's superannuation law exempts under-18 workers from retirement contributions unless they work over 30 hours weekly, affecting over 530,000 teens and sparking calls for reform.

Resolute Mining's half-year profits more than doubled due to surging gold prices, despite production challenges. Analysts suggest the stock may still be undervalued, highlighting potential investment opportunities.

OpenAI will end Cursor's access to its AI models following SpaceX's acquisition of Anysphere, citing trust issues with Elon Musk's companies. Developers can still access models via alternative methods.

Coinbase CEO Brian Armstrong criticises philanthropy as often being a 'net negative', sparking debate and drawing support from Elon Musk. Armstrong's comments highlight concerns about ideological capture in charitable foundations.

Microsoft Azure users reported access issues, marking the fourth Microsoft service affected within hours. The interconnected nature of Azure's infrastructure suggests a potential shared cause for the disruptions.

Users reported access issues with the Microsoft Store, marking the third service disruption within 90 minutes. The outages raised questions about a potential shared cause, though Microsoft hasn't confirmed this.

Microsoft Outlook users report ongoing disruptions, with Downdetector highlighting issues since 11:53 AM EDT. Despite frequent outages, Microsoft has yet to provide a detailed public statement.