NYC allocates $9M for gender-affirming care for minors

📈 Markets — Citi has downgraded shares of OCBC, reflecting a more bearish outlook on the bank's performance. Investors are likely to closely monitor this shift as it could impact sentiment in the broader market. In India, the ongoing IPO boom highlights the need for mandatory ratings of public offers, which could provide investors with essential insights for making informed decisions. With the allure of public issue investing, better information could help manage expectations and mitigate risks.

🎓 College Football — Notre Dame remains a strong contender, sitting at No. 3 in the US LBM Coaches Poll after Week 5. Analysts from On3 highlight CJ Carr as a key player leading the team towards an undefeated regular season and a potential College Football Playoff berth.

🤖 AI — Meta’s Oversight Board has offered guidance to AI companies looking to establish independent safety committees, emphasizing the importance of accountability and ethical considerations. This advice comes as the tech industry grapples with the implications of AI safety and governance. The board's experience may serve as a valuable resource for developing effective oversight mechanisms in this rapidly evolving field.

🇺🇸 U.S. Politics — Donald Trump has stirred speculation about upcoming midterm elections by hinting at “big surprises” related to Project 2025, a key initiative led by Russ Vought. While details remain scarce, this announcement may mobilize his base and set the stage for strategic political maneuvers as the elections approach.

💊 Pharma — New York City plans to allocate nearly $9 million for local organizations providing gender-affirming care for minors, part of a broader $15 million investment in health initiatives. This move aims to enhance access to critical healthcare services amid ongoing discussions about gender identity and youth care.

🏪 Consumer Brands — A lawsuit against Starbucks claims that eight of its