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The Federal Trade Commission ordered Alphabet Inc.’s Google, OpenAI Inc., Meta Platforms Inc. and four other makers of artificial intelligence chatbots to turn over information about the impacts of their technologies on kids.

The antitrust and consumer protection agency said Thursday that it sent the orders to gather information to study how firms measure, test and monitor their chatbots and what steps they have taken to limit their use by kids and teens. The seven companies include Google; OpenAI; Meta and its Instagram unit; Snap Inc.; Elon Musk’s xAI; and Character Technologies Inc., the developer of Character.AI.

Technology stocks are rising so far, so fast that some investors are starting to position for the move to lose momentum.

After advancing for five consecutive months, the Nasdaq 100 Index has risen each day but one in September as investors bet on optimism around artificial intelligence and Federal Reserve interest-rate cuts to keep technology stocks moving higher. A gauge of expected volatility in the index hasn’t budged in months. And on Wednesday, infrastructure software giant Oracle Inc. made history with a 36% pop, its biggest gain since 1992.

That’s pushed some investors to bid up put options to protect this year’s gains. The price of hedging against a 10% drop in the Invesco QQQ Trust ETF, the largest exchange-traded fund tracking the Nasdaq 100, over the next month is at the highest since 2022 relative to the cost of protection against a similar rally.

Finance Minister Eelco Heinen warned Dutch lawmakers that the country’s limits on bonuses paid to bank employees are inadvertently driving fintech companies out of the Netherlands.

The firms are struggling to hire IT staffers because they’re competing with companies in other industries that don’t face the same restrictions, Heinen said.

Stocks rose on Thursday as traders anticipated that the latest reading of a key consumer inflation gauge won’t stand in the way of the Federal Reserve lowering its benchmark interest rate next week.

The Dow Jones Industrial Average gained 504 points, or 1.1%, while the S&P 500 climbed 0.6%. The Nasdaq Composite advanced 0.4%. All three major averages scored new intraday all-time highs in the trading day.

Alphabet’s health tech subsidiary Verily used the health data of more than 25,000 patients without authorisation and actively covered up those violations, a former company executive alleges.

The executive, Ryan Sloan, claims Verily fired him after he discovered breaches of the Health Insurance Portability and Accountability Act, or HIPAA, and reported his concerns to the company’s senior management.

Patient data in the US is protected under HIPAA, which ensures the sensitive information cannot be disclosed without a patient’s consent.

The Dow Jones Industrial Average rose to new heights on Thursday, hitting a new high of 45,992.38 after rising around 1%.

The 30-stock index isn’t alone, as the S&P 500 also scored a new high of 6,572.09 during the session with its roughly 0.6% gain.

The window for initial public offerings in Europe has opened in earnest this week, with a flurry of listings indicating the tariff-induced caution that disrupted deals earlier in the year has passed.

Swedish financial services group NOBA Bank Group AB said Thursday it plans an IPO in Stockholm this month. Meanwhile, SMG Swiss Marketplace Group AG’s shareholders will seek as much as 903 million Swiss francs ($1.1 billion), teeing up what could be Europe’s largest listing yet this year.

Delta Air Lines Inc. is more optimistic for its third-quarter revenue after business and premium customers led a rebound in travel this summer, shaking off earlier concerns about inflation and the effect of tariffs and trade wars.

Revenue will increase 2% to 4% over a year ago, Delta said in a regulatory filing Thursday ahead of a presentation at an industry conference. That compares with the airline’s prior forecast of flat to up 4%.

A relatively tame inflation reading, combined with more signs of jobs cooling, spurred a rally in bonds on speculation that the Federal Reserve will cut interest rates for the first time this year.

Treasuries climbed across the curve, driving two-year yields down three basis points to 3.51%. Money markets are almost fully priced in three Fed reductions by the end of 2025, starting next week. Gains in equities drove the S&P 500 to fresh all-time highs. European yields rose after the central bank signalled growth risks are more balanced, indicating the rate-cut cycle is over.

Stocks rose on Thursday as traders anticipated that the latest reading of a key consumer inflation gauge won’t stand in the way of the Federal Reserve lowering its benchmark interest rate next week.

The Dow Jones Industrial Average gained 182 points, or 0.4%. The S&P 500 climbed 0.4% and touched a fresh record. The Nasdaq Composite also advanced 0.4%.

Stocks rose on Thursday (September 11) as traders anticipated that the latest reading of a key consumer inflation gauge won’t stand in the way of the Federal Reserve lowering its benchmark interest rate next week.

The Dow Jones Industrial Average gained 115 points, or 0.2%. The S&P 500 climbed 0.3%, and the Nasdaq Composite advanced 0.4%.

Traders are betting the European Central Bank’s interest rate-cutting cycle has likely come to an end after President Christine Lagarde said growth risks in the region are more balanced and the disinflationary process is over.

Money market pricing shows traders are favouring rates staying on hold throughout next year. That’s a change from bets before Thursday’s decision for one more reduction by mid-2026.

The move comes after policymakers kept borrowing costs unchanged for a second meeting, deeming inflationary pressure as contained and the economic dangers abating despite heftier US tariffs.

Oil shaved off some of its recent gain as a worsening market outlook tempers geopolitical concerns.

The International Energy Agency said it now sees an even larger record oil surplus next year as OPEC+ continues to revive production and supply from rivals grows. Meanwhile, US economic data showed a surge in jobless claims, adding to worries about the labour market in the world’s largest economy.

Brent eased below $67 a barrel. The retreat follows a three-day gain driven by tensions in the Middle East and Europe, with US President Donald Trump questioning Israel’s attack on Doha and Russia’s incursion into Polish airspace. His social media post on Wednesday prompted futures to spike briefly as investors covered short positions.

US share buybacks could increase by $600 billion over the coming years as repurchases limit the supply of stocks, according to strategists at JPMorgan Chase & Co.

A team including Nikolaos Panigirtzoglou expect the dollar value of buybacks to jump further after hitting a record $1.5 trillion in 2025. The trend will be driven by a rebound in repurchase volumes to the 3% to 4% of equity market cap range seen before the pandemic, up from 2.6% currently.

Crypto lending company Figure has priced its initial public offering of 31.5 million shares at $25 per share, above the expected range of between $20 and $22 per share, and giving it a total market value of about $5 billion.

The company is expected to make its trading debut on the Nasdaq on Thursday under the ticker FIGR.

S&P 500 futures rose on Thursday (September 11), as traders anticipated that the latest reading of a key consumer inflation gauge wouldn’t stand in the way of the Federal Reserve lowering its benchmark interest rate next week.

Futures tied to the broad index rose just 0.3%, along with those linked to the Dow Jones Industrial Average. Nasdaq 100 futures also climbed 0.3%.

The 10-year US Treasury yield fell Thursday morning as investors assessed the latest inflation data, as well as a jump in jobless claims.

The yield on the benchmark 10-year Treasury was 3 basis points lower at 4.002%. The 30-year Treasury yield, meanwhile, fell more than 1 basis point to 4.661%, as the 2-year yield dropped 4 basis points to hit 3.492%.

S&P 500 futures were relatively unchanged on Thursday, following another day of record highs, as Wall Street digested the latest reading of a key consumer inflation gauge.

Futures tied to the broad index rose just 0.1%, along with those linked to the Dow Jones Industrial Average. Nasdaq 100 futures also climbed 0.1%.

It was a confusing batch of numbers, with the consumer price index coming in hotter than expected on a monthly basis but in line with expectations on an annual basis.

Prices consumers pay for a variety of goods and services moved higher than expected in August while jobless claims accelerated, providing challenging economic signals for the Federal Reserve before its meeting next week.

The consumer price index posted a seasonally adjusted 0.4% increase for the month, double the prior month, putting the annual inflation rate at 2.9%. Economists surveyed by Dow Jones had been looking for respective readings of 0.3% and 2.9%.

For the vital core reading that excludes food and energy, the August gain was 0.3%, putting the 12-month figure at 3.1%, both as forecast. Fed officials consider core to be a better gauge of long-run trends.

Consumer prices rose at annual rate of 2.9% in August, as weekly jobless claims jump.

In a Thursday note, Citi reiterated its buy rating on semiconductor manufacturer Micron Technology while also raising its price target to $175 per share from $150.

Micron stock has surged 66% this year. Citi’s updated price forecast implies an additional 25% upside ahead.

OPEC continued to project a substantial supply deficit in global oil markets this year and next even as the group revives production, a view that clashes with the wider industry.

The Organisation of the Petroleum Exporting Countries and its partners will need to provide an average of 43.45 million barrels a day in the second half of this year, considerably more than the 42.4 million they pumped in August, a month in which they ramped up, according to a report.

Demand for the full alliance’s crude will average 43.1 million barrels a day in 2026, OPEC’s projections show.

The European Central Bank held interest rates steady on Thursday as economic uncertainty persists in the wake of US President Donald Trump’s aggressive tariff agenda.

Ahead of the decision, markets had been pricing in around a 99% chance of the ECB’s key deposit facility rate being left at 2% for the second consecutive time. The central bank last cut rates in June, bringing rates further down from last year’s record high of 4%.

Novo Nordisk A/S’s new chief executive officer is calling workers back to the office as the Ozempic maker struggles to catch up with Eli Lilly & Co. in the hyper-competitive obesity market.

Office-based employees will need to come in five days a week starting Jan. 1, Novo said Thursday. The move comes a day after CEO Maziar Mike Doustdar announced the Danish drugmaker would slash its workforce by 11%.

Efforts to make the European Union’s financial regulations more attractive to investors would likely draw more green capital to the bloc, according to the EU’s financial services commissioner, Maria Luís Albuquerque.

“If our rules and our market features become more appealing, naturally that will attract more investment in the sustainability area, but also in other areas,” Albuquerque said in an interview on Thursday.

Efforts to make the European Union’s financial regulations more attractive to investors would likely draw more green capital to the bloc, according to the EU’s financial services commissioner, Maria Luís Albuquerque.

“If our rules and our market features become more appealing, naturally that will attract more investment on the sustainability area, but also in other areas,” Albuquerque said in an interview on Thursday.

The International Monetary Fund has determined that Ukraine’s funding needs over the next two years may be as much as $20 billion higher than the government in Kyiv estimates, as talks to secure the next aid package are set to begin.

The discrepancy emerged during the meetings IMF staff has held in Kyiv over the last week to discuss external financing for 2026 and 2027, according to a person familiar with the discussions. Reconciling the differences is crucial before the Washington-based lender considers Ukraine’s request for a new loan program as the current funding runs out.

Stocks extended gains ahead of Thursday’s highly anticipated inflation report, seen as key to shaping expectations for the Federal Reserve’s interest-rate path this year.

Futures for the S&P 500 rose 0.2% after back-to-back all-time highs. European stocks climbed 0.3%, led by construction and retail shares. The dollar firmed. Treasuries held steady, with the 10-year yield at 4.04%.

Investors who have watched shares in Adobe Inc. get left behind in the AI craze have little reason for optimism ahead of the software maker’s latest quarterly results.

Wall Street is expecting a full-year sales forecast for growth of nearly 10% — a solid rate of expansion, but one that would be the slowest for Adobe in over a decade. Analysts see the pace receding every year through fiscal 2028, at a time when investors can target clearer AI winners like Oracle Corp. that are anticipating accelerating growth in the coming years.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.