ISM Services Monday, Ueda Speaks Tuesday Overnight

Dale Bearman: “Ueda talks, the yen wobbles, and the whole system gets one day closer to the bunker. I've already packed the tea. It's frothy, Kenji. Even the tea knows.”

Huawei-Qualcomm deal, Schneider buys PTC, Iran oil chief quits

Dale Bearman: “Rescue deal, he says. Rescue. Every deal is a rescue until it's a crater. I do love a crater.”

• Investing.com Huawei agrees to a multi-year patent licensing deal with Qualcomm
• Benzinga Schneider Electric To Acquire PTC For $205 Per Share In All-Cash Deal Valuing Equity At $22.6B, Funded By Equity And Debt Issuance
• Bloomberg.com Iran’s Oil Minister Resigns as Exports Dry Up Under US Pressure
• BBC BT agrees rescue deal to buy broadband operator TalkTalk

Nikkei and Taiex surge 2.4% and 2.5% as U.S. futures dip

Dale Bearman: “Down point one three, and I've never been happier. It's a tiny crack in the dam, and I will be watching it with a flask and a lawn chair. Hank, please don't take my bunker key.”

Los Angeles Hits 102F Tomorrow; Toronto Coldest at 3C

Brock Thunderson: “That's the weather, and I'm sure it's fine. Kenji, back to you at the desk, and please wash that salad spinner.”

BT Buys TalkTalk; Euro Hits 17-Month Low

Kenji Moonfield: “Bitcoin is down zero point seven nine percent at eighty-five thousand eight hundred. Which is basically a rounding error, or half a house. Same thing.”

• Bloomberg.com BT Buys TalkTalk to Save UK Broadband Provider From Collapse
• Reuters Euro sinks to 17-month low as French fiscal woes spur contagion fears

Nikkei and Taiwan surge as U.S. futures dip slightly

Kenji Moonfield: “And in the Americas, Bovespa is up two point six three percent, Mexico up one point one. Honestly, Brazil is having a better night than my last three relationships combined.”

Nikkei, Taiex Lead Global Rally as U.S. Futures Dip

Dale Bearman: “Meanwhile, Hang Seng is up zero point zero five percent and Shanghai is up zero point three one. That's not a rally, that's a sleepy hiccup. Nifty is down a hair, and honestly, I'm cheering for the hair.”

Schneider Bids $22.6B for PTC; Huawei, Qualcomm Sign

Dale Bearman: “Everything's an acquisition at the top, Kenji. Four deals in one night is the bubble clearing its throat before it vomits on the carpet.”

• Benzinga Schneider Electric To Acquire PTC For $205 Per Share In All-Cash Deal Valuing Equity At $22.6B, Funded By Equity And Debt Issuance
• Investing.com Huawei agrees to a multi-year patent licensing deal with Qualcomm
• Seeking Alpha CSL strikes $1.55B lixudebart deal with Alentis for rare kidney and liver diseases
• Reuters EXCLUSIVE: Cost pressures and deadlock force Honda to rework India strategy, sources say

Nikkei and Taiex Lead Global Rally; U.S. Futures Flat

Dale Bearman: “Europe is up too. The DAX is up one point one seven percent, the Stoxx 50 up one percent. Everyone is dancing on the deck of the Titanic, and I brought my own lifeboat. It has a minibar.”

Asia and Europe Rally as U.S. Futures Sit Flat

Dale Bearman: “I do, I really do. U.S. futures are flat, with the S and P down point zero three percent. That's the calm before the storm, or it's just a calm. Either way, I've packed snacks.”

Schneider Electric Bids $205 a Share for PTC

Dale Bearman: “Debt, Kenji. Lovely, lovely debt. Investing.com calls it a sign of M and A confidence. I call it a man buying a boat the week before the flood.”

• Benzinga Schneider Electric To Acquire PTC For $205 Per Share In All-Cash Deal Valuing Equity At $22.6B, Funded By Equity And Debt Issuance
• Seeking Alpha Schneider Electric to buy PTC for $205/share in $23.7B deal
• Investing.com Schneider Electric to buy U.S. software maker PTC for $22.6 bln
• Investing.com Huawei agrees to a multi-year patent licensing deal with Qualcomm

Nikkei and Taiwan surge as U.S. futures sit flat

Kenji Moonfield: “Europe is green too. The DAX is up one point one seven percent, the CAC up point seven nine, and the FTSE up point three two. London is basically a sleepy cat that stretched.”

Spy Arrest in LA; flydubai Suspect Studied in Melbourne

Kenji Moonfield: “Djokovic is thirty-nine and still cooking. Meanwhile I get winded opening a bag of chips. Somebody check on my cardio, Gloria. Actually, don't.”

• Al Jazeera Djokovic defeats top seed Zverev to reach China Open semifinals
• The Guardian Alleged flydubai attacker left Australia without finishing engineering course, university says
• The Guardian California woman arrested and accused of spying on Taiwan president’s son for China

Taiwan Jumps 2.46%; CNBC Says America Sneezed

Kenji Moonfield: “Investing dot com says Taiwan's Weighted index closed up two point four six percent. Chip stocks are partying and I'm eating cereal out of a mixing bowl. Different vibes, same two a.m.”

• Seeking Alpha CSL strikes $1.55B lixudebart deal with Alentis for rare kidney and liver diseases
• CNBC CNBC Daily Open: America sneezes, Europe starts to catch the cold
• AP News Judge approves Paramount's settlement with states over Warner buyout, allowing merger to soon close
• Investing.com Taiwan stocks higher at close of trade; Taiwan Weighted up 2.46%

Patriots Coach Penalty Baffles; Weird Al Gets Rival

Chip Darnell: “Hank, nobody tell Weird Al! He'll hear it in his sleep and fight a man in a parking lot! Honestly, I'm now stuck humming a penalty flag. Please send help.”

• Boston Herald Mike Vrabel, NFL official try to explain bizarre penalty on Patriots head coach
• nytimes.com Don’t Tell Weird Al, but Kyle Gordon’s Satires Are Great Earworms, Too

Keitel Teaches Acting; China's Golden Week Box Office

Chip Darnell: “Two hundred eight point nine million yuan, or thirty-one point two million dollars! That is a lot of popcorn. Somebody in that theater absolutely spilled a large soda on a stranger and I respect it.”

• Variety Harvey Keitel Plays Acting Teacher in Gaurav Bhardwaj’s Debut Feature ‘The Method’ (EXCLUSIVE)
• BBC Charity tea room may close despite Ludwig filming
• Variety China Box Office: Crime Procedural ‘Traces of Justice’ Leads National Day Frame

Japan Dumping French Bonds; Brazil Heads to Runoff

Kenji Moonfield: “Reuters says India's IT stocks gained after Accenture's outlook lifted sentiment for outsourcing names. Finally, somebody got good news and did not immediately lose it in a hoodie.”

• Benzinga Omega Transitions Operations Of 32 Florida Skilled Nursing Facilities From Airamid To PACS Group; Year-One Rent Up $26.1M, $90M One-Time Expense
• Bloomberg.com French Bonds at Risk of More Japanese Selling on Outsized Stake
• Bloomberg.com Watch Brazil Election Heads to Runoff, Bessent Downplays Concerns on Yields, AI
• Reuters India's IT stocks gain as Accenture outlook lifts sector sentiment

AI Spending Is Nearly Impossible to Budget, WSJ Says

Dr. Nina Byte: “Microsoft is up point eight six percent too. The WSJ's angle is that budget shocks could cool tech enthusiasm. Whoever is writing this script, I see you. You gave me the spreadsheet story on purpose.”

• BBC Environmental groups critical of housing levy idea
• Ars Technica New forensic evidence supports Egyptian "retainer sacrifice"
• WSJ Spending on AI Is Becoming Almost Impossible for Businesses to Budget