Overnight News Summary for September 29
1. Trump said at the White House on the 28th to the media that U.S. and Iranian negotiators have exchanged information through mediators. When asked about the progress of U.S.-Iran talks, Trump did not disclose specific details of the negotiations, saying only, "We will win," and "Things will be clear very soon."
2. Trump: Media claims that "Trump offered Iran sanctions relief and frozen funds" are false news.
3. The Panama Canal Authority announced on the 28th that, starting October 15, the daily booking slots for the Neopanamax locks will increase from 9 to 10, bringing the total number of daily transit booking slots on the canal from 32 to 33.
4. AMD acquires AI startup World Labs AI, founded by Fei-Fei Li, for $8.2 billion.
5. Nvidia said on Monday that it will spend another $150 billion to repurchase its own shares, calling it the largest stock buyback plan in history.
6. The U.S. Federal Aviation Administration has delayed approval of the Boeing 737 Max 10, and Boeing shares closed down nearly 7%.
7. Russian President Putin signed a presidential decree to increase the authorized strength of the Russian Armed Forces to 2,441,630 personnel, including 1,550,500 active-duty service members. This is the fourth expansion of the Russian military since the beginning of 2026.
8. U.S. space exploration company SpaceX's Starship spacecraft achieved its first Earth orbital flight on the 28th, sending 26 next-generation Starlink V3 satellites into orbit, but the test flight mission ended earlier than originally planned.
9. Deutsche Bank expects that, as buyers compete for dwindling copper inventories, copper prices could rise by more than 50% over the next six months, reaching $22,050 per ton.
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