Early equity trading on Wall Street saw sharp divergences as investors weighed third-quarter corporate earnings against fresh analyst ratings. BlackRock rallied after assets under management surged to a record $15.49 trillion, whereas Bank of America tumbled following a quarterly revenue miss and a $1.2 billion U.S.
The Wall Street semiconductor selloff spilled across international markets, dragging down heavyweights Micron, SoftBank, and ASML as investors reassess rich AI valuations and rising capital expenditure costs.
Aberdeen sold half its Standard Life stake for £436M, cutting its holding to ~5.2%. The move frees up capital to reduce debt, simplify operations, and fund growth, signaling a break from past merger ties.
Australia’s multi-trillion-dollar superannuation sector is rapidly outgrowing local markets, steering retirement capital into residential rental developments and AI-driven data centers both at home and abroad.
Camila Henry • Oct 9, 2026 • 4m read
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