Kate Beckinsale and Michael Sheen's stunning daughter, Lily Mo Sheen, made an ultra-rare red carpet appearance at the Sense and Sensibility premiere in Los Angeles on Wednesday, looking just like her famous parents.
The 27-year-old was glowing in a strapless silk gown with an empire waist, in line with the film's costume design. She paired the look with a delicate silver bracelet, hoop earrings and black Tabi shoes.
Lily looked ethereal in the silk gown (@ Deadline via Getty Images)
Lily wore her brown-blonde locks in a chic updo and went for a natural-glam makeup look.
The actress's outing on Wednesday marked her first premiere appearance in four years, with her previous one being at The Unbearable Weight of Massive Talent premiere in 2022 alongside Nicolas Cage and Pedro Pascal.

#silk #gown

Emma Stone wasted little time taking Louis Vuitton's spring 2027 collection off the runway. On Wednesday night, just one day after the collection debuted in Paris, the actress wore one of its newest designs to the premiere of "The Debut" at Lincoln Center's Alice Tully Hall during the 2026 New York Film Festival.
Emma Stone
The two-time Oscar-winning actress turned to the French luxury fashion house's spring 2027 ready-to-wear collection, which debuted at the Louvre's Cour Carrée on Tuesday. Stone opted for an airy style that was trending among celebrities during Paris Fashion Week, wearing a customized version of the fifth look from the collection.
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#Paris #emma #time #spring

It's not easy being a billionaire in the event that a stock market bubble bursts.
Just ask billionaire Bridgewater ****** ociates founder Ray Dalio, who sounds like he's worrying about potentially massive wealth destruction if the artificial intelligence trade goes south.
"Everybody says 'I'm worth a billion dollars' but, OK, try to spend that," Dalio said at the Forbes Global CEO Conference in Singapore on Wednesday. Bloomberg first reported his comments.
Dalio suggested that measures that force the ultrawealthy to liquidate their unrealized gains, such as a wealth tax, could hasten or contribute to a bubble popping.
"In order to spend that, you have to sell wealth in order to get money — and so the bubble usually ****** at that," he added.

#spend #bridgewater

Rich Americans are getting richer, but not all equally. The K-shaped split that let high earners pull away from low earners now cuts through the top 1% too, with the ultra-rich far ahead of the rest.
The average household in the top 0.1% is now worth about $204 million, or 7.7 times as much as one in the rest of the top 1%, according to a Fortune ******* ysis of Federal Reserve data. That ratio is the highest in the Fed's quarterly series going back to 1989, up from 6.2 times at the end of 2019. Currently, the Fed counts 136,779 households in the top 0.1%
The top 0.1%'s wealth has more than doubled since the end of 2019, from $13.4 trillion to nearly $28 trillion in the second quarter of 2026. Over the same period, the rest of the top 1% saw its wealth grow 68%, from $19.3 trillion to $32.5 trillion. The top 0.1% now holds 15% of the nation's household wealth, up 0.5 percentage point since the first quarter.
"We are talking about continued redistribution upward and further concentration of wealth at the top," Markus Schneider, an ******* ociate professor of economics at the University of Denver, told Fortune.
The clearest difference between the two groups is what they own.

#earners

Wealthy baby boomers have spent decades building their fortunes—and the foundations, donor-advised funds, and giving traditions that come with them. But as the $124 trillion Great Wealth Transfer gets underway, a growing share of the older generation isn't so sure their kids will carry on tradition the way they hope.
Fewer than half of wealthy Americans (47%) believe the next generation is prepared to take on family philanthropic causes, down from 55% in 2024, according to research from Bank of America released last week. The share of parents who believe their children share their commitment to giving back fell even more sharply to 65% from 76%. The bank surveyed more than 1,430 wealthy individuals in the U.S. aged 21 or older with at least $3 million in investable ******* ets, excluding primary residence.
The confidence gap in philanthropy mirrors a broader anxiety wealth advisors have noticed about whether heirs are ready for any of it.
"This is a very real concern I'm hearing from ultra-affluent families right now," Tom Thiegs, managing director of leadership and legacy at Ascent Private Capital Management with U.S. Bank, told Fortune of parents' fears that wealth could dampen their children's drive. Trent Von Ahsen of Cedar Point Capital Partners also told Fortune his clients are leaning on mentorship and phased wealth transfers rather than lump-sum inheritances.
But the irony is younger donors are, by several of the study's measures, more engaged donors than older generations. Gen Z and millennial donors support an average of 12 charitable causes, compared with eight among wealth donors overall. They're also roughly twice as likely to use a donor-advised fund, and 87% say honoring their family's philanthropic tradition is important. Meanwhile, 86% say it's equally important to establish their own charitable identity.

#advised

Lisa Bonet made a rare public appearance during Paris Fashion Week, arriving at the Celine show with her silver hair flowing to her waist.
The actress, 58, who became a household name playing Denise Huxtable in The Cosby Show, wore her long locks loose for the outing, with grey lengths taking centre stage in photographs from the event.
Lisa has largely kept away from the Hollywood spotlight in recent years, making her appearance at the French fashion house's show a welcome sight for fans of the television star.
Lisa made an ultra rare appearance (@ Instagram)
While her waist-length hair attracted attention in Paris, Lisa has been wearing visible grey strands for years. Photographs from the 2012 Hamilton Behind the Camera Awards showed silver at her roots, alongside a partially shaved hairstyle and long locs. Her hair has since become progressively greyer, with the latest appearance showing the striking silver lengths.

#appearance #silver

Katie Holmes is embracing a more natural look with an ultra-chic, fresh-faced appearance during a high-profile night out at Paris Fashion Week.
Stepping out alongside her boyfriend, artist Jason Bard Yarmosky, the 47-year-old actress turned heads by ditching heavy glamour in favor of an effortless, makeup-free glow. Her romantic-looking appearance in the French capital proves once again that her signature minimalist style reigns supreme on the global stage.
According to Marie Claire, Holmes brought her "Mansur Gavriel tote to Paris Fashion Week. There, the bucket-style sling became the pop of color against her black blazer, shade-matched stilettos, and white, feather-trimmed skirt from the London label Tove."
Katie Holmes and Jason Bard Yarmosky are seen arriving at Carine Roitfeld party on September 28, 2026, in Paris, France (Photo by MEGA/GC Images)
Holmes paired her radiant, bare-faced complexion with an ensemble that perfectly captured Parisian chic. Hand-in-hand with Yarmosky, the star kept her hair pulled away from her face, allowing her serene, confident glow to take center stage.

#holmes #hand

US actor Tom Cruise has surprised a British man who spent a year completing a series of extreme sporting challenges to raise money for charity.
Lloyd Kembrey, a facilities manager at the University of Bristol, took on the challenges to fundraise for children's hospice charity Jessie May.
His connection to the charity was born from his twin cousins, Francesca and Josephine, who were diagnosed with the life-limiting condition Sanfilippo disease type A when they were three-and-a-half years old. Both died in their teens.
Kembrey was inspired to undertake a number of exhilarating challenges in order to honour their memory and support other families facing similar circumstances.
The challenges he faced included a 31-mile ice skating ultramarathon in Finland, climbing the height of Mount Everest on a climbing wall and a 94-mile hike along southern England's Jurassic Coast.

#cruise

Ana de Armas brought dazzling high-fashion glamour to Paris as she attended the prestigious La Légion d'Honneur ceremony. The actress captivated onlookers by stepping out in an archival Louis Vuitton creation by Nicolas Ghesquière. Styled by Samantha McMillen, her shimmering look seamlessly blended rock-and-roll glam with classic French sophistication.
Ana de Armas selected a striking black sequin micro minidress from the Louis Vuitton Spring/Summer 2015 runway collection. Designed by creative director Nicolas Ghesquière, the archival garment featured a high rounded collar and structured shoulders.
Intricate lace-like sequin patterns covered the entire fabric, shimmering with every slight movement. Fitted long sleeves balanced the ultra-short hemline that barely skimmed her thighs. Thousands of delicate black sequins caught the room's warm lights, creating a dramatic metallic sheen.
Her expert beauty team complemented the bold dress with effortless styling choices. Stylist Samantha McMillen chose the vintage piece, while Owen Gould styled Ana's brunette hair in soft waves. Makeup artist Charlotte Prevel completed the look with a luminous complexion, subtle liner, and nude gloss.
The actress posed indoors before stepping out to the official Paris event. Standing near a tall glass door, she looked straight into the camera lens with calm confidence. Her reflection behind her showed off the snug fit and detailed craftsmanship from every angle.

#armas #nicolas #samantha

Amanda Peet said an unusual skin change prompted an MRI months before her 2025 breast cancer diagnosis
A routine ultrasound six months later led to a biopsy and her stage 1 diagnosis
The actress underwent a lumpectomy and radiation and had her first clear scan in January
Amanda Peet is sharing the "weird" symptom she experienced months before her breast cancer diagnosis.
During an Thursday, Oct. 1, appearance on the Today show, the actress, 54, spoke to Savannah Guthrie about the events leading up to her diagnosis in the fall of 2025.

#amanda #cancer

The twin sister of the late Aaron Carter has confirmed she is expecting a baby boy with husband Corey Conrad.
The news comes seven years after the couple welcomed daughter Harper.
In a 1 October Instagram post, Harper posed with an ultrasound photo as her parents held hands in the background.
Alongside a blue heart emoji, Angel wrote, "Harper is getting a new ***** le... Big Sister."
Angel detailed their "long journey" to pregnancy in an interview with People magazine.
"We were fortunate to get pregnant naturally with Harper, but when we decided we wanted another baby, we discovered that IVF was the only option for us," she explained.

#angel #sister

Ines de Ramon made a fashion statement at the Chloé spring 2027 show as part of Paris Fashion Week on Thursday in France. The jewelry designer floated to the front row in a Chloé ruffle dress in a striking blue shade, and she paired the feminine design with a pair of Western boots. Ines de Ramon Getty Images De Ramon skipped the towering heels that have been taking over Paris Fashion Week and went for a more comfortable shoe option. She wore the Chloé Western-inspired Azelan boots, which are crafted from vintage-effect calfskin and feature a pointed toe, tonal topstitching and a Cuban heel measuring 2.6 inches. Although the floor-length dress covered most of the shoes, the boots peeked through the hem as she walked and posed for photos during the photo call at the show. The high tube leg of the knee-length boot is finished with gold-tone hardware and a hand-embroidered strap signed with the Chloé logo. They retail for $1,990. Chloé Azelan boots. Chloé The boots created a stark contrast and provided a rugged flair to her ultra-feminine look. She went for a fluid, long blue silk mousseline dress, also from Chloé, featuring a ruched bodice and layered ruffles. The delicate off-the-shoulder design featured
Follow Footwear News on Twitter or become a fan on Facebook.

#ramon #fashion

Linda Evangelista—the iconic Canadian supermodel famously known for her ultra-short hairstyle nicknamed "the Linda" and the phrase "We don't wake up for less than $10,000 a day"—has officially strutted away from her New York City penthouse.
Celebrated for her work as one of the original supermodels of the 1980s and 1990s alongside Christy Turlington, Naomi Campbell, Claudia Schiffer, and Cindy Crawford, the Ontario-born Evangelista, now 61, appeared in multimillion-dollar campaigns for Revlon and Versace. She was also named one of People magazine's "50 Most Beautiful People" during her heyday.
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#turlington

Amanda Peet's advice for protecting your health? Keep an eye out for the warning signs.
The actress and "Your Friends & Neighbors" star, who was diagnosed with breast cancer last fall, opened up about the medical ordeal in a new interview on the "Today" show Thursday, Oct. 1.
"I feel great," Peet, 54, told host Savannah Guthrie, nine months after receiving her first clear scan in January. "I think about how lucky I was in so many ways."
Peet revealed her cancer battle in a March essay for The New Yorker. The actress said that in August 2025, she went in for a "routine scan" to monitor her "'dense' and 'busy' ****** ." During the appointment, her physician discovered a small tumor on an ultrasound. A subsequent MRI showed Peet had a second tumor, later determined to be benign.
Amanda Peet health: Actress's intimate essay revealing cancer is a 'way to cope a little'

#scan #essay #friends

On September 8, 2026, Reuters reported that ASML Holding N.V. (NASDAQ:ASML) plans to work with major customers. It includes Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), Nvidia, Intel, Samsung, and SK Hynix to adapt its next-generation "High NA" extreme ultraviolet lithography tools so they can print larger data-center chips. It addresses a current limitation where the newer machines use a smaller mask than ASML's widely deployed standard EUV tools.
ASML targets a pilot production line using the larger masks by 2031 and high-volume manufacturing readiness by 2033. Chief technology officer Marco Pieters said these changes could lift the productivity of these systems by roughly 40%.
The larger-mask project could create a new growth opportunity for ASML Holding N.V. (NASDAQ:ASML) while helping TSMC manufacture larger AI chips more efficiently. ASML plans to use its High NA EUV tools to handle chips as large as today's biggest data-center processors. The business expects the larger masks to increase system productivity by 40%. It could scale up demand for its next-generation equipment and help TSMC improve the economics of producing increasingly large and complex chips.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)'s planned use gives ASML a clear path toward commercializing the technology. TSMC plans to introduce High NA EUV into advanced-node high-volume production from 2030. ASML aims to show its larger-mask technology through a pilot line in 2031. TSMC's commitment could give ASML greater visibility into future equipment demand. Early use could help TSMC maintain its advanced-chip manufacturing advantage.
The collaboration could solidify both companies' positions as chipmakers develop larger and more powerful processors. ASML can extend its High NA roadmap beyond its current chip-size limitation. TSMC can prepare its manufacturing processes for the next generation of AI chips. The partnership gives ASML an opportunity to deepen its relationship with one of its largest customers and gives TSMC access to a technology that could support future advanced-chip production.

#asml #technology #plans #next

Bloom Energy Corporation (NYSE:BE) garnered significant investor attention after it unveiled a new 800V DC-native fuel-cell power architecture on September 16, designed to supply continuous direct current to the next generation of AI data centers.
These solid-oxide fuel cells can generate continuous 800V DC power natively, rather than producing AC power that then has to be converted into DC that AI computing equipment ultimately consumes. This potentially removes several conversion stages, such as transformers and switchgear, thus lowering capital cost and energy losses.
Bloom claims that its technology can cut non-compute capital expenditures for a 1 GW data center by $3.6 billion, or 27%, and lower five-year total cost of ownership by $5.5 billion, or 9%, compared to traditional AC-based infrastructure.
With this technology, Bloom Energy is targeting one of the biggest bottlenecks in the ongoing AI boom – securing large amounts of reliable power quickly and economically. If 800V DC becomes widely adopted across AI data centers, the company will benefit not only from the soaring power demand, but also from a broader shift in how that power is generated and delivered.
Bloom Energy pointed to Nvidia's planned adoption of 800V DC architecture beginning with Rubin Ultra and Kyber systems as an indication of where data center power infrastructure is heading. In its 2026 Mid-Year Data Center Power Report, Bloom claimed that data center leaders expect DC-based architectures to account for 58% of new deployments by 2030, potentially creating a significant market for technologies designed around direct-current power delivery.

#energy #architecture

Transocean Ltd. (NYSE:RIG) received a boost on September 15 when the company announced that it had secured an approximately $80 million contract for its Deepwater Conqueror ultra-deepwater drillship in Equatorial Guinea. The estimated 170-day campaign with an undisclosed operator is expected to begin next year, directly following the rig's current contract in the US Gulf.
Built in 2016, the DSME 12000-design Deepwater Conqueror can operate in water depths of up to 12,000 feet and drill to a maximum depth of 40,000 feet.
The $80 million award provides Transocean with additional contract revenue and improves visibility into the company's future revenue base. If the award includes attractive day rates and limited mobilization costs, it could contribute positively to operating margins and cash flows. The company's backlog stood at approximately $6.7 billion as of August 5, 2026.
The contract could also improve the utilization of its high-value drilling rig. Since ultra-deepwater rigs require substantial investment, securing work for an idle or underutilized rig could help spread fixed operating costs over a larger revenue base. Deepwater Conqueror will move directly from its US Gulf contract to Equatorial Guinea, avoiding a gap between the two programs.
The latest award also provides Transocean with an alternative destination for its rigs. The company had already signaled in its Q2 earnings call that the growing demand for new deepwater contracts in Africa would also help offset a decline in awards in the US Gulf.

#deepwater #contract #gulf #equatorial

On September 16, Air Products (NYSE:APD) said it had signed a long-term deal to supply high-purity gases to a leading chipmaker, backed by roughly $250 million of its own money in Arizona. It is the company's second semiconductor supply win, and the two projects together carry more than $900 million of investment. That is a notable turn for a company that has been pulling back from big clean-energy projects.
The Arizona project plays to what Air Products already does. It will build, own, and operate the equipment, from hydrogen generation units and carbon dioxide purification to bulk supply for three gases: helium, hydrogen, and carbon dioxide. That means the customer's gas supply runs through equipment Air Products owns. Supply is targeted to start in phases, so the buildout can move alongside the customer's expansion plans. And this is familiar ground. Air Products has supplied electronics makers for more than 40 years, and its Chandler facility has served the Phoenix chip cluster since 1981, with a pipeline system carrying ultra-high purity nitrogen around the area.
The core business gives the deal a solid floor. In the fiscal third quarter, reported on July 30, adjusted earnings per share rose 12% to $3.47, and management lifted its full-year outlook to an adjusted $13.39 to $13.49 per share. Margins widened as well, so growth is showing up as profit. Chips appear elsewhere in the results too, since the company announced a deal to build four large air separation units to serve a chipmaker's growth in Taiwan.
The cost of the pivot is hard to ignore. On June 30, Air Products announced it would not go ahead with its Louisiana Clean Energy Complex and would discontinue a zero-carbon liquid hydrogen facility in Casa Grande, Arizona, plus other smaller clean energy distribution projects. The exits triggered roughly $2.9 billion in pre-tax charges, which is why the company posted a GAAP loss of $6.47 per share in the third quarter even as its underlying earnings grew. Adjusted results leave that hit out, but the GAAP numbers show what the retreat cost.
Owning the ****** ets also means funding them. Air Products expects about $3.5 billion of capital spending in fiscal 2026, and the Arizona plant alone is a commitment of approximately $250 million, with supply arriving in phases. The release also leaves gaps: it does not name the customer or say how long the contract runs, so the length of the revenue stream is unclear. Elsewhere, Europe's operating income rose only 2% as costs climbed, and management says it is still cautious about the economic backdrop.

#clean #adjusted

A 2022 Nasdaq crash turned $10,000 into just $2,100 with TQQQ but preserved $3,900 with QLD's lower 2x leverage.
Recovering from TQQQ's 79% loss requires a 376% gain just to break even, making the extra leverage a costly bet.
QLD's 5-year annualized return of 17% beat TQQQ's 15% as volatility drag quietly eroded the extra leverage's advantage.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
Leveraged ETFs have become an increasingly popular way to participate in the recent AI-driven technology boom. One such fund favored by investors and traders alike is the ProShares UltraPro QQQ (NASDAQ:TQQQ), an ETF that targets three times the Nasdaq's daily return. For investors who are uncomfortable with the 3x target, the ProShares Ultra QQQ (NYSEARCA:QLD) offers similar exposure but targets 2x the Nasdaq-100's daily move. When the Nasdaq is advancing higher, TQQQ seems like the obvious choice, but during a serious selloff, the reduced leverage of QLD can dramatically change the amount of capital left standing when the decline is over.

#leverage

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
The FOMC began a new interest rate cycle, raising the federal funds rate a quarter point on Sept. 16. Wall Street traders expect at least one more rate increase before the end of 2026.
The federal funds rate. The Fed. The FOMC. No doubt you've heard and read these terms before. But what do they mean? How does this impact your financial life?
The federal funds rate is the interest rate the government sets for one bank to charge another bank for ultra-short-term loans, usually just overnight. It's actually an interest rate range. Banks negotiate a specific rate with each other within that range set by the Federal Reserve.
The current federal funds rate is now 3.75% to 4.00%.

#advertiser #disclosure

Costco is expanding its same-day delivery network as it looks to grow e-commerce sales and compete with retailers like Walmart and Target.
The retailer this week launched collaborations with DoorDash (NASDAQ: DASH) and Uber (NYSE: UBER) to pick up online orders at U.S. stores and drive them to the customer's door. The arrangements give Costco more channels to reach customers through ultra-fast delivery, made possible by gig drivers who use the platforms to select ******* ignments.
DoorDash, best known for delivering restaurant food, announced that Costco (NASDAQ: COST) members can now order groceries, dry goods, household essentials and other products from its marketplace and then arrange fast delivery from their local store, all through the DoorDash app. The U.S. launch extends the existing relationship between the companies in Australia, New Zealand, Sweden, Iceland and Puerto Rico.
DoorDash now serves eight of the 10 largest food retailers in North America.
On Wednesday, Uber announced a major expansion of its partnership with Costco to deliver products in 47 states, up from 17 states. Nearly 600 Costco locations are now available on the Uber Eats app, where shoppers can arrange on-demand and scheduled delivery.

#Food #announced

SGOV, JPST, and VTIP create a layered cash reserve covering one to five years, shielding equities from forced sales in a bear market.
Drawdowns from 2000 to 2007 and 2008 to 2013 both lasted multiple years, proving one year of T-bills forces equity sales at the worst possible time.
VTIP adjusts principal with CPI and delivers a 2.42% real yield, protecting purchasing power when inflation surprises retirees in years four and five.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
You retired into a market that rewards patience and punishes forced sellers. The bucket strategy answers a single question: how much of your spending can you cover without touching stocks when the S&P falls 30%? Guess one year, and a prolonged drawdown forces you to sell equities at the bottom. Guess five, and you drag on returns. The middle path is a laddered cash reserve, and three ETFs do the heavy lifting: iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV), JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST), and Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP).

#vtip

Consumer confidence decreased in August, according to The Conference Board's Consumer Confidence Index. This was the second straight month in decline. If September's report shows the same trend, investors might start looking for stocks that can prove resilient through tough economic times.
Procter & Gamble (NYSE: PG) fits the bill about as well as a company can. Let's have a look.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
P&G has raised its dividend for 70 consecutive years. Not many businesses can claim that. Among Dividend Kings, or companies that have raised dividends for 50 years straight, only P&G and five other members qualify for that ultra-elite group. The dividend is also well-funded, as P&G's earnings per share and free cash flow comfortably exceed the amount needed. The company's payout ratio is around 64%.
P&G is diversified within its products. Everything consumers need, ranging from diapers to toothpaste, razors, and detergents, is held within its portfolio of everyday household staples. These are products that people will continue to buy regardless of macroeconomic conditions.

#same

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
The Federal Reserve — the country's central bank — periodically adjusts its target rate to keep the economy running smoothly and consumer prices in check. When the federal funds rate moves up or down, so do the interest rates on bank accounts and loans.
In other words, changes in the Fed's rate impact how much your savings can grow and how much you pay to borrow money.
So how does today's federal funds rate compare to past years? Here's a look at historical Fed interest rates so you can better understand how your bottom line is affected.
The federal funds rate is set by the Federal Reserve and dictates what a bank can charge another bank for ultra-short-term loans (usually overnight) in order to meet reserve requirements. It's expressed as a range, and financial institutions can negotiate a specific rate between each other within that range.

#reserve #funds #rates #range

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
The Federal Reserve — the country's central bank — periodically adjusts its target rate to keep the economy running smoothly and consumer prices in check. When the federal funds rate moves up or down, so do the interest rates on bank accounts and loans.
In other words, changes in the Fed's rate impact how much your savings can grow and how much you pay to borrow money.
So how does today's federal funds rate compare to past years? Here's a look at historical Fed interest rates so you can better understand how your bottom line is affected.
The federal funds rate is set by the Federal Reserve and dictates what a bank can charge another bank for ultra-short-term loans (usually overnight) in order to meet reserve requirements. It's expressed as a range, and financial institutions can negotiate a specific rate between each other within that range.

#federal #funds #rates

Apple (NASDAQ:AAPL) is reportedly considering a big move that could reshape the company. The Information reported on Wednesday that the iPhone maker was considering developing its own artificial intelligence server, which would be Apple's first activity in the enterprise server market since 2011.
The proposal would combine Apple's custom silicon with networking technology supplied by Nvidia (NASDAQ:NVDA) to develop AI servers that could be offered with either two or four M8 Ultra chips, which are Apple's top-performing processors, and geared specifically for AI inference.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Such a move, the first major action under new CEO John Ternus, would signal that Apple is ready to invest in AI architecture to use its custom-made chips in products beyond its consumer devices, which would be a significant shift in company strategy.
Image source: Getty Images.

#flashing

The U.S. has between 3,000 and 4,700 active data centers, with plans to build another 1,500. Globally, there are about 11,800, with plans to add about 100 gigawatts of new capacity by 2030. All of which creates substantial opportunity for beaten-down stocks such as ASML Holding (ASML). However, to run all of those data centers, the world needs advanced AI chips. Today's most advanced data-center AI processors, manufactured on 4nm, 5nm, and certain 7nm processes, depend heavily on ASML's lithography technology. And as the industry moves toward 2nm production, that dependence on ASML's EUV systems will become even more important.
Some of those companies include Samsung Electronics (SMSN.L.IX), Taiwan Semiconductor Manufacturing (TSM), and Intel (INTC). All of which are moving forward with ASML's High-Numerical Aperture extreme ultraviolet lithography systems, better known as High-NA EUV. In short, AI must have powerful chips to run. And those chips are becoming much harder to manufacture, with ASML producing the machines that make their production possible.
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#asml #advanced #lithography

On September 13, Reuters reported that Anthropic is in talks to bring NVIDIA Corporation (NASDAQ:NVDA) in as an anchor investor in what could become one of the largest IPOs in history, potentially raising as much as $100 billion at a valuation of around $2 trillion. Nvidia is reportedly considering an investment of up to $10 billion. Anthropic's annualized revenue run rate has reportedly increased from about $9 billion in 2025 to more than $65 billion by mid-2026, with the company targeting as much as $200 billion of revenue by 2028.
The strategic significance for Nvidia is greater than the potential financial return from the investment: Anthropic is a major buyer and user of AI computing infrastructure, and Reuters reported that it has committed $30 billion to Microsoft Azure infrastructure powered by Nvidia chips. Anthropic is also pursuing major capacity agreements with other providers and developing custom chips, making its future hardware choices strategically important to Nvidia.
The move would also deepen an already established relationship. NVIDIA Corporation (NASDAQ:NVDA) has previously disclosed an investment and technology partnership with Anthropic, while its fiscal 2026 filing said it had entered into an agreement to invest up to $10 billion in Anthropic. Nvidia generated $215.9 billion of fiscal 2026 revenue, up 65%, with Data Center revenue up 68%, demonstrating the enormous economic leverage of continued AI infrastructure spending.
The strongest bullish argument is that an equity investment could help NVIDIA Corporation (NASDAQ:NVDA) protect and expand one of the fastest-growing sources of demand for its GPUs. Anthropic's reported annualized revenue growth from $9 billion to more than $65 billion in roughly 18 months implies a rapidly expanding need for training and inference capacity. Its reported $30 billion commitment to Microsoft Azure powered by Nvidia systems provides a particularly direct link between Anthropic's growth and Nvidia's infrastructure demand. Anthropic is also reportedly committing $45 billion to rent AI computing capacity from Nscale, with that infrastructure expected to use Nvidia's Vera Rubin chips, indicating that the relationship can translate into future-generation hardware demand rather than being limited to Nvidia's existing products.
The investment could also strengthen Nvidia's position as AI workloads shift from model training toward large-scale inference and agentic AI. Nvidia recently said Anthropic is evaluating its Vera CPU for CPU-intensive agentic workloads, while Nvidia has positioned Blackwell Ultra and the Vera Rubin platform around the rapidly expanding inference market. Nvidia has disclosed visibility into more than $1 trillion of ***** ulative Blackwell and Rubin revenue from the beginning of 2025 through 2027, with Anthropic among the model developers contributing to that ecosystem. A successful Anthropic IPO would therefore potentially create a well-capitalized AI customer capable o

On September 13, Reuters reported that Anthropic is in talks to bring NVIDIA Corporation (NASDAQ:NVDA) in as an anchor investor in what could become one of the largest IPOs in history, potentially raising as much as $100 billion at a valuation of around $2 trillion. Nvidia is reportedly considering an investment of up to $10 billion. Anthropic's annualized revenue run rate has reportedly increased from about $9 billion in 2025 to more than $65 billion by mid-2026, with the company targeting as much as $200 billion of revenue by 2028.
The strategic significance for Nvidia is greater than the potential financial return from the investment: Anthropic is a major buyer and user of AI computing infrastructure, and Reuters reported that it has committed $30 billion to Microsoft Azure infrastructure powered by Nvidia chips. Anthropic is also pursuing major capacity agreements with other providers and developing custom chips, making its future hardware choices strategically important to Nvidia.
The move would also deepen an already established relationship. NVIDIA Corporation (NASDAQ:NVDA) has previously disclosed an investment and technology partnership with Anthropic, while its fiscal 2026 filing said it had entered into an agreement to invest up to $10 billion in Anthropic. Nvidia generated $215.9 billion of fiscal 2026 revenue, up 65%, with Data Center revenue up 68%, demonstrating the enormous economic leverage of continued AI infrastructure spending.
The strongest bullish argument is that an equity investment could help NVIDIA Corporation (NASDAQ:NVDA) protect and expand one of the fastest-growing sources of demand for its GPUs. Anthropic's reported annualized revenue growth from $9 billion to more than $65 billion in roughly 18 months implies a rapidly expanding need for training and inference capacity. Its reported $30 billion commitment to Microsoft Azure powered by Nvidia systems provides a particularly direct link between Anthropic's growth and Nvidia's infrastructure demand. Anthropic is also reportedly committing $45 billion to rent AI computing capacity from Nscale, with that infrastructure expected to use Nvidia's Vera Rubin chips, indicating that the relationship can translate into future-generation hardware demand rather than being limited to Nvidia's existing products.
The investment could also strengthen Nvidia's position as AI workloads shift from model training toward large-scale inference and agentic AI. Nvidia recently said Anthropic is evaluating its Vera CPU for CPU-intensive agentic workloads, while Nvidia has positioned Blackwell Ultra and the Vera Rubin platform around the rapidly expanding inference market. Nvidia has disclosed visibility into more than $1 trillion of **** ulative Blackwell and Rubin revenue from the beginning of 2025 through 2027, with Anthropic among the model developers contributing to that ecosystem. A successful Anthropic IPO would therefore potentially create a well-capitalized AI customer capable of

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