📊 Oil Prices Slip as OPEC Boosts Output

Author

Ryan Serkes
October 28, 2025

Hi everyone, here is your 📊 Daily Trade.

Here's what's happening today:

💰 QTUM ETF hits $3 billion AUM milestone
🔋 onsemi acquires Vcore Power Technology
🛢️ Oil prices dip as OPEC plans output increase
🚀 USA Rare Earth and Softbank lead trending stocks
⛽ Sunoco sets acquisition closing date for Parkland
🎁 +8 more stories you might like
💰 Defiance Quantum Computing ETF Surpasses $3 Billion AUM Link
  • Defiance ETFs' QTUM has exceeded $3 billion in assets under management.
  • The fund maintains a 5-star Morningstar rating, highlighting strong performance.
  • QTUM offers diversified exposure to quantum computing and AI technologies.
🔋 onsemi Strengthens Portfolio with Vcore Power Technology Acquisition Link
  • onsemi has acquired Vcore power technologies from Aura Semiconductor.
  • This acquisition enhances onsemi's capabilities in AI data center power management.
  • onsemi aims to address complete power tree solutions from grid to core.
🛢 Oil Prices Slip as OPEC Plans Output Increase Link
  • Oil prices fell as OPEC plans to modestly increase output.
  • U.S.-China trade deal hopes and Russia sanctions also influence prices.
  • Market remains cautious about global supply and demand dynamics.
🚀 Trending Stocks: Rare Earths, AI Investments, and More Link
  • Rare earths stocks decline amid U.S.-China trade optimism.
  • Softbank invests $22.5 billion in OpenAI, marking major AI funding.
  • Novartis and Porsche make strategic shifts in biotech and EV sectors.
⛽ Sunoco Announces Closing Date for Parkland Acquisition Link
  • Sunoco's acquisition of Parkland is set to close on October 31, 2025.
  • SunocoCorp units will begin trading on the NYSE under the ticker 'SUNC'.
  • The transaction is expected to enhance Sunoco's market position significantly.

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