(RTTNews) - China Weaving Materials Holdings Limited (3778.HK) reported first-half profit attributable to owners of the company of RMB 10.8 million, compared to a loss of RMB 10.1 million, last year. Basic profit per share, in cents, was 8.6 compared with a loss per share of 8.1

Key PointsSocial Security COLAs are based on third quarter inflation data.

Key PointsWall Street says SpaceX stock is deeply undervalued, but large IPOs have historically performed poorly during their first year on the public market.

Key PointsThe FOMC will release its decision on interest rates today, Sept. 16, at 2 p.m. ET.

Key PointsMajor market indexes are beginning to stumble amid renewed volatility.

(RTTNews) - Asian stocks ended flat to slightly higher in cautious trade on Wednesday as oil prices pulled back from recent highs and investors braced for a closely watched Federal Reserve rate decision later in the day.

Key PointsOklo stock plummeted after the company announced a $1 billion stock sale.

Key PointsGE Vernova's agreement in Venezuela could open opportunities across power generation and grid infrastructure.

The Federal Reserve is widely expected to hike interest rates on Wednesday.

Binance is opening its Capital Connect platform to qualified individual investors for the first time.

Ukraine's sanctions envoy said Russia could be forced to retreat from the war within six months if its oil revenues are halved.

A product conference at software giant Salesforce turned into the battleground on the new debate on whether there should be a slowdown in artificial intelligence.

European Commission President Ursula von der Leyen said the European Union is opening the door for Canada to become the first associate member of the 27-nation bloc.

Key PointsPalantir's growth continues to fire on all cylinders, helping justify its sky-high equity valuation.

(RTTNews) - ASSA ABLOY AB (ASSA-B.ST, ASSB.F), a security solutions provider, on Wednesday announced that it acquired Pacific Lock Company, a U.S. manufacturer of padlocks and security hardware.

Key PointsElon Musk made big promises about Tesla's robotaxi business that still aren't even close six years later.

Key PointsHigh capital expenditures and the company's perceived struggles with AI may have hurt Microsoft's stock.

(RTTNews) - Axon Enterprise, Inc. (AXON), a public safety technology company, said Wednesday that it has priced an offering of $1.0 billion in aggregate principal amount of 0% convertible senior notes, which are due in 2031. The sale of the notes to the underwriters is expected t

Key PointsMicrosoft's cloud growth in its recent quarter was an encouraging sign that its high spending was paying off.

(RTTNews) - Nordex SE (NDX1.DE, NDXG), a wind turbine manufacturer, on Wednesday announced that it received a 91 MW order from TEUT Energieprojekte GmbH (TEUTF) for the Schöner­mark-Passow wind farm in Brandenburg, Germany.

Key PointsMichael Burry recently sold his Nvidia puts, but he still owns Palantir puts.

Meta CEO Mark Zuckerberg's view of artificial intelligence safety is akin to the perspective of Nvidia's Jensen Huang rather than Anthropic chief Dario Amodei.

The Organization of Islamic Cooperation condemned the strike as a "heinous" attack. Mecca is Islam's holiest site and the focal point of the annual Hajj pilgrimage.

The reading comes just hours before the Bank of England updates its monetary policy.

(RTTNews) - European stocks are seen opening a tad higher on Wednesday ahead of the U.S. Federal Reserve's interest-rate decision later in the day, with markets pricing in a 92.4 percent chance of a 25-bps rate hike in response to a recent hot inflation report.