Todd Boehly, U.S. billionaire and former Chelsea chairman, is leading a bid for Russian oil company Lukoil’s international assets with backing from the U.S. government and Gulf capital reportedly linked to the Trump family. The assets, placed for sale after Lukoil faced U.S. sanctions last year, were written down to about $20 bln in March and span oil and gas fields from Central Asia to Mexico, thousands of service stations and substantial European refining capacity. Insiders say Boehly’s consor

土耳其總統埃爾多安：聯合國已無法履行維護和平的職責。

Galaxy Securities research: The Fed hiked 25bp to 3.75%–4.00% on Sept. 16, the first increase since July 2023, lifting the systemic center of the risk-free rate beyond the policy rate. Higher discount rates compress equity multiples, hitting long-duration, high-valuation growth names most. The AI narrative remains robust, but pricing is shifting from long-term visions to near-term delivery and earnings verification. On the first trading day after the hike, compute-related sectors—storage, CPUs, foundries and optical interconnect—generally outperformed, driven by strong current profits and short payback periods that make them less rate-sensitive. Divergence continues: compute hardware with validated cash flows and earnings (advanced process nodes, memory, optical interconnect, equipment and materials) are benefiting as downside is largely priced in, while names reliant on distant narratives without earnings support are being de-rated. AI is entering a rational verification phase.