Polymarket draws attention after removing nuclear weapon explosion prediction market

October 7 - Constellation Brands (STZ.N) shares fell nearly 5% in pre-market trading to $110.11. The Corona beer maker lowered its full-year operating margin forecast to 31%-32% from the previous 32%-33%. The company reported Q2 profit and sales on Tuesday that exceeded expectations, driven by strong demand for beers such as Modelo Especial and Victoria, which helped offset challenges in the alcohol sector amid weak consumption. JPMorgan stated that Q2 FY2027 financial results were largely in line with expectations; market focus may turn to management's outlook for H2 FY2027 beer business revenue and operating margins, and the implications for FY2028. The company will pay $75 million to acquire the vodka-based ready-to-drink (RTD) brand SpikedAde upon transaction completion, with up to a further $278 million over five years depending on brand performance and capital allocation priorities. “Although the brand and category are still nascent, the acquisition of SpikedAde could hold significant potential,” said JPMorgan. As of yesterday's close, the stock is down 16% year to date.

04:37 AM EDT, 10/07/2026 (MT Newswires) -- Advanced Micro Devices (AMD) is pursuing a collaboration with Samsung Electronics in memory and chip manufacturing, multiple outlets reported Wednesday, citing Chief Executive Lisa Su and an unnamed person familiar with the matter. Su reportedly held talks with SK Hynix (SKHY) leadership and scheduled a meeting with Samsung semiconductor head Jun Young-hyun during a trip to South Korea, the reports said. The company depends heavily on South Korean suppliers to reach its data center targets and is encouraging manufacturers to improve output, Reuters quoted Su as saying. AMD, Samsung Electronics, and SK Hynix did not immediately respond to MT Newswires' request for comment.

On October 7, BE Semiconductor Industries (BESI.AS) shares fell approximately 6% after UBS downgraded the Dutch chip equipment manufacturer from "Buy" to "Sell" and cut its target price by 57% to 159 euros. UBS stated that the expected demand for chip packaging technology "hybrid bonding" (HB)—the core of Besi's investment logic—"has not materialized as anticipated." UBS believes that because AI accelerator customers prioritize capacity expansion over performance improvements, the adoption rate of hybrid bonding technology in high-bandwidth memory will slow down. UBS expects that by 2028, hybrid bonding technology will account for 10% of equipment demand, whereas the market consensus suggests a figure of about 50%. The bank anticipates Besi's HB revenue in 2027-28 to be 50%-60% lower than consensus, and demand from co-packaged optics, AI accelerators, and PC processors is unlikely to fill the gap. UBS also noted that existing capacity at TSMC 2330.TW and Intel INTC.O is already sufficient to support "considerable shipment volumes," leaving limited upside unless adoption rates exceed expectations. Besi's share price extended Tuesday's losses, following a 5.4% drop after Bank of America Global Research downgraded the stock based on similar concerns. (link) (For the convenience of non-English speakers, Reuters provides automated translations of its reports into several other languages. Due to the potential for errors or lack of required context in automated translations, Reuters does not guarantee the accuracy of these texts, which are provided solely for readers’ convenience. Reuters assumes no liability for any damages or losses resulting from the use of these automated translation functions.)