Elon Musk, the CEO of both Tesla Inc. and Space Exploration Technologies Corp. or SpaceX, has confirmed the discussion for potential merger of the electric vehicle major and the spaceflight company. During the third-quarter earnings call of SpaceX, a company he founded, Musk called it to be a good idea, adding that the companies have

The Canadian stock market may open on a positive note on Wednesday with the energy sector set to attract investors thanks to higher crude oil prices. Technology stocks are likely to edge higher, tracking the trend in global markets. Source link

2026.10.21 2026.10.21 Yen Gears Up for a Breakout as Japanese Capital Returns Home. Forecast as of 21.10.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Diverging monetary policies in 2027, capital repatriation to Japan, and strong demand for safe-haven assets could reshape the USD/JPY outlook. Will the yen turn from underdog to favorite? Let’s break down the key drivers and develop

Iceland’s seasonally adjusted unemployment rate declined to 5.7% in September 2026, down from a six‑month high of 6.8% in August. This was the lowest level since June, reflecting a month‑on‑month decrease of 2.6 thousand in the number of unemployed, to 13.3 thousand people. By gender, the unemployment rate for men fell markedly, with the number

Oil prices were moving higher on Wednesday as investors weighed conflicting signals on efforts to end the U.S.-Iran war. Source link

European stocks may edge higher at open on Wednesday, with technology stocks likely to remain in focus as investors cheer robust earnings from SpaceX and Super Micro Computer. Source link

Thailand’s SET50 Index extended its losing streak for a third straight session by midday Wednesday, slipping toward 1,038 and marking its lowest level since early October. Market sentiment softened after September consumer confidence retreated from a six-month high, while headline inflation climbed to a five-month peak of 2.82%. Even so, gains in U.S. stock futures

Indian shares look set to open higher on Wednesday after reports suggested that a new peace proposal put forward by Qatar and Pakistan has received positive responses from Washington and Tehran, raising hopes that a breakthrough to halt the war could be announced possibly this week. Source link

Key takeaways Advertising remains Meta’s core earnings engine, but investors increasingly want evidence that AI tools can lift monetisation and justify rapidly rising infrastructure spending. Capex, margins and free cash flow are the key risks, especially if management signals another sizeable increase in AI-related spending heading into 2027. Technically, 653.17 is the key support, while

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2026.10.20 2026.10.21 Weekly Economic Calendar for 26.10.2026–01.11.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Five of the world’s largest central banks will announce their interest rate decisions next week (26.10.2026–01.11.2026). The Reserve Bank of New Zealand, the Bank of Canada, and the Federal Reserve will each hold their policy meetings on Wednesday, with the ECB following on Thursday and the