US futures steady as oil retreats ahead of earnings deluge, Fed decision - Reuters

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• Latest FD interest rates: SBI, ICICI, HDFC & more

  ICICI Bank has increased its FD interest rates by 10 basis points on select tenures for deposits below Rs 3 crore, effective October 23, 2026. Indian Bank has increased the interest rate on its Ind Grow (555 days) FD from 6.65% to 6.80% and on its Ind Prosper (777 days) FD from 6.60% to 6.75%, effective October 23, 2026, for deposits below Rs 3 crore. HDFC Bank has not revised its fixed deposit interest rates following the RBI's repo rate announcement. SBI has not revised its fixed deposit interest rates. The bank…

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• Musk's warning hits neocloud stocks as debt concerns mount

  Elon Musk's warning about neocloud consolidation and increased debt concerns has led to significant stock declines for companies like CoreWeave and Nebius Group, with CoreWeave's stock falling 4.5% and Nebius Group's 3.4%. This follows Gartner's report on CoreWeave's exposure to increased leverage and expectations of a trillion-dollar AI spending next year, adding to investor worries about debt dependence. Bonds of Nebius and CoreWeave have also hit record lows, and neocloud stocks have reported quarterly losses a…

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• Trend hedge funds saw worst week since 2024 as AI stocks fell, Goldman says - Reuters

  Trend hedge funds faced their worst week since 2024, with AI stocks plummeting, as Goldman Sachs reports. This decline coincides with broader market volatility, indicating sector-specific concerns.

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