Micron Q4 revenue reaches $54.2bn as AI memory gross margin hits 86.8%
Micron ended fiscal 2026 with extraordinary revenue, margins and cash generation as AI-driven memory shortages transformed a historically cyclical semiconductor business.
Tennessee prison chief resigns after failed Christa Pike execution as review begins
Tennessee’s prison chief is resigning and executions are paused after the state failed to execute Christa Pike despite administering two doses of pentobarbital.
Two Iranian nationals remanded over alleged Manchester Jewish-community terror plot
Two Iranian nationals have been remanded in custody after UK prosecutors accused them of preparing a terrorist attack targeting Manchester’s Jewish community.
Etango shows how uranium mines can secure construction funding without conventional project debt
Bannerman Energy Limited has completed a US$320.4 million strategic transaction with CNNC Overseas Limited that funds much of Etango through an equity joint venture rather than conventional project debt. The structure shows how uranium developers can exchange project ownership and offtake rights for capital, customer certainty and reduced financing risk.
Oracle has $664bn of contracted revenue visibility. What will it cost to turn that demand into cloud capacity?
Oracle Corporation’s cloud infrastructure revenue more than doubled in its first fiscal quarter, while remaining performance obligations reached $664 billion. The less obvious story is the huge amount of capital, leased data-centre capacity and financing required before much of that contracted demand can become recognised revenue.
Nepal begins $49.9m plan to lower four dangerous Himalayan glacial lakes
Nepal is advancing a $49.9 million programme to lower four high-risk glacial lakes and expand early-warning systems across vulnerable Himalayan river basins.
G7 begins 100-million-barrel emergency oil release with diesel frontloaded within 20 days
G7 countries will coordinate a 100-million-barrel emergency reserve release over four months, with a substantial diesel drawdown frontloaded within 20 days.
Brazilian beef faces 67% China import duty after 1.1-million-tonne quota is exhausted
Brazilian beef shipments above China’s 1.106-million-tonne annual quota now face a 67% total import duty after the allocation was exhausted.
Iovance Biotherapeutics (NASDAQ: IOVA) holds 37% two-day gain after revenue guidance jumps 15%
Iovance raised the midpoint of its 2026 revenue outlook by $55 million after stronger Amtagvi and Proleukin demand, and the stock followed its 31.5% September 29 surge with another gain on September 30. The harder question is whether accelerating commercial adoption can now outrun cash burn and the risks inherent in scaling personalised cell therapy.
FleetPartners (ASX: FPR) trades above A$4.65 bids. Is the market pricing a higher offer?
FleetPartners closed at A$4.67 on October 2, two cents above the highest officially disclosed takeover proposals from ORIX and the Sumitomo consortium. With three bidders still inside the process and no binding transaction announced, investors are effectively pricing some probability that competitive tension produces stronger final terms.