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Related tickers and likely impact
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/26/2026 | 765.37 |
| Change that session | +0.71% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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- Revealed: the private banks with the highest profits in the first nine months of 2026
As of the morning of 28 October, 15 banks had reported their first-nine-month 2026 results. VPBank led with pre-tax profit of nearly 30,000 billion VND, up nearly 47% year on year, driven by credit growth and stronger non-interest income. Techcombank ranked second with 28,900 billion VND, up 23.7%, while ACB reported 16,600 billion VND, up more than 3%. SHB posted a preliminary 14,300 billion VND (up 17%) and LPBank 10,421 billion VND (up nearly 9%), so five banks in the group of 15 have pre-tax profit above 10,000 billion VND. At the other end, Sacombank recorded 5,893 billion VND, down 46.4% from a year earlier.
- Iran stalls for time, Trump on edge
According to Iranian officials and experts, Iran is deliberately prolonging talks with the US to weaken President Donald Trump's political position before the 3 November midterm elections. Iran wants the US to meet a proposed 7-day ceasefire first, covering an end to hostilities, easing oil export curbs, releasing frozen assets and lifting the US maritime blockade, before nuclear talks that Washington wants at the center. Iranian officials believe Trump may resume strikes, so Tehran is preparing for new attacks rather than betting on a quick deal. Meanwhile, US gasoline has stayed above 4 USD per gallon since mid-June, fueling voter discontent that is hurting Republicans, and the war has now lasted nearly 8 months, far longer than Trump's initial prediction of a few weeks.
- 17,000 troops massed at hotspot, over 100 UAVs target Voronezh: Zelensky makes special offer to Putin
According to Russian media citing TST, Ukraine has massed about 17,000 troops in an area only 25 km wide where Dnipropetrovsk, Zaporizhzhia and Donetsk meet, including airborne and marine brigades and the 3rd Regiment of the Special Operations Forces. Colonel Vladimir Antonyuk said the objectives later shifted to military-tactical targets, namely the transport junctions at Velikaya Novosyolka and Bogatyr, where Russian defenses had been reinforced beforehand. In the night of 25 to 26 October, Voronezh region was hit by over 100 UAVs; Governor Alexander Gusev said more than 70 were shot down around Voronezh city, and two people were killed and 17 injured, including a child. A Russian military expert said Kharkiv region could be a launch area and recalled Putin's order to the military to set up a buffer zone along the border. President Zelensky said Ukraine is ready to discuss a territorial exchange, but on one condition.
- RBC Says SpaceX Stock Has 50% Upside. S&P Global Just Warned About Its Hidden AI Debt. Here's Who I Think Is Right.
RBC reiterated its outperform rating and $225-per-share price target after SpaceX's Oct. 20 earnings, which showed $14.6 billion in revenue (up 161%) and $4.4 billion in earnings, versus a $1.1 billion loss in the year-earlier quarter. Starlink contributed $5.25 billion in revenue and $2.4 billion in operating income, and management guided first-quarter 2027 revenue to $33-37 billion, above the $22 billion Wall Street estimate. S&P Global, in contrast, warned that six top hyperscalers, including SpaceX, plan to spend $7 trillion on AI through 2029, including guarantees that do not appear as debt on balance sheets. SpaceX's AI capex was $19.6 billion last quarter and is estimated at $35-40 billion this quarter, while the company is finalizing a $40 billion off-balance-sheet debt structure. The article concludes that the outcome of this AI bet remains uncertain.
- Savings rates fall to near 0% at one bank
Ngan hang TMCP Sai Gon (SCB) cut its online savings rates for new individual customers to 0.1-0.7% per year from October 26, 2026, well below the system's general level. Deposits of 31, 39 and 45 days and 1 to 5 months earn 0.1% per year, 6 to 11 months 0.5%, 12, 13, 15 and 18 months 0.6%, and 24 and 36 months 0.7%, the highest in the table. For 100 million VND deposited for 12 months at 0.6% per year, interest at maturity is 600,000 VND; for 24 months at 0.7%, estimated interest is 1.4 million VND, assuming the rate holds and no early withdrawal. The move follows an October 21 directive from the State Bank of Vietnam requiring banks to cut average deposit rates by at least 0.5 percentage points per year for new deposits of six months or longer in late 2026. SCB has been under special control since 2022 and has shrunk from nearly 240 transaction points to about 8 across 6 localities.
- The value of audit is measured by positive changes in national governance
National Assembly Chairman Tran Thanh Man received heads of delegations from 16 Supreme Audit Institutions (SAIs) attending an international seminar hosted by the State Audit of Vietnam on October 27, which drew about 250 delegates and 13 papers on institutions, vision and innovation. Insights from the seminar will inform the State Audit's development strategy to 2035, its vision to 2045 and proposed amendments to the State Audit Law. On behalf of the international delegations, K. Sanjay Murthy, Comptroller and Auditor General of India and ASOSAI chair, said audit value lies in recommendations that help agencies fix shortcomings, and that SAIs must adopt AI and data analysis to shift toward early risk warnings. Chairman Tran Thanh Man stressed that independence must go with accountability and that audit value is measured by positive changes in governance.
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