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The Daily Briefing · Thursday, October 1, 2026
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Accenture (ACN) Jumps 17% on Record Q4 2026 Bookings
Accenture shares jumped about 17% after fiscal Q4 revenue of $18.7B beat estimates and record $84.5B bookings eased fears of AI disruption to consulting.
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Also today
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Trade Court Hears Challenge to Trump's Section 301 Tariffs
A three, judge Court of International Trade panel weighed a challenge to Trump's 10, 12.5% Section 301 tariffs on 86 countries, covering 99% of US imports; no ruling date is set.
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Fed Rate Hike Odds Fall to 35% Before Friday Payrolls
Fed October rate hike odds fell to about 35% after soft data and dovish remarks from the New York Fed's Williams, leaving Friday's payrolls report as the next test.
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10, Year Treasury Yield Tops 5.3%, Highest Since 2002
The benchmark 10, year Treasury yield briefly topped 5.3%, the highest since 2002, as a stronger Q2 GDP revision and fund selling lifted interest rates.
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Anthropic IPO Prospectus: $518B Compute, $11.5B Quarter
Anthropic's leaked IPO prospectus shows $11.5 billion in quarterly revenue, $518 billion in compute commitments and a warning of existential risk from AI.
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More headlines
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US, China Tariff Cuts on $30B Each Follow Xi Summit
The US and China will cut tariffs on $30 billion of goods each and open an AI dialogue after Xi's Washington visit, while arms, sale remarks unsettle Taiwan.
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Gold Slides Toward $4,160 as Fed Rate Hike Bets Climb
Gold fell 3, 4% toward $4,160, $4,200 an ounce as a bond rout, a firmer dollar and Fed rate hike bets lifted yields, while Bitcoin held near $83,000 a coin.
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Tesla (TSLA) $30B Credit Lines Replace $5B Revolver
Tesla signed $30 billion in unsecured bank credit facilities, replacing a $5 billion revolver, as 2026 capex tops $25 billion; no draws are planned this year.
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Boeing Wins $20B Navy F/A, XX Fighter; Northrop Falls 3.5%
Boeing won a Navy contract worth more than $20 billion to build the F/A, XX stealth fighter, lifting its shares about 2% as Northrop Grumman fell 3.5%.
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Iran Hormuz Talks: Sequencing Dispute Holds Brent in $90s
Iran confirmed Washington's reply to its seven, day Hormuz plan arrived via Qatar, with step order the sticking point as Brent crude eased to the high, $90s.
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Dow Industrials Average Drops 4.3% in September 2026
Wall Street ended September with the Dow industrials average down 4.3% and Q3 off 2.7% as 10, year Treasury yields topped 5.3%; the Nasdaq gained 1.9%.
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Liquidia (LQDA) Plunges After Patent Loss to UTHR
Liquidia shares fell more than 50% after a Delaware court found Yutrepia infringed a United Therapeutics patent, while UTHR stock rose 12% on the ruling.
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Market briefs
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From the startup desk
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Video of the day
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How Money, Credit, and Debt Flow Through the Economy
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The Daily Briefing from Pomegra. Market news, educational content only. Nothing here is investment advice.
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