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9/1
13:14
U.S. official: Venezuela gave Cuba $40 billion-$64 billion worth of oil for free
13:05
U.S. launches new strikes against Iranian targets near Strait of Hormuz, Centcom says
The U.S. Central Command (Centcom) announced that the U.S. military launched new strikes against Iranian targets around the Strait of Hormuz on Tuesday. This action follows recent attacks on two oil tankers in the critical shipping route. The strikes come as President Donald Trump had reportedly been considering a CENTCOM plan for limited attacks to prevent Iran from rebuilding radar and missile capabilities that could target ships in the strait.
13:04
Iran's IRNA, citing a provincial security official, reports four projectiles struck areas in southeastern Chabahar and Konarak; damage assessments are underway.
13:02
Iran continues to stonewall UN nuclear watchdog IAEA, denying inspections; IAEA says missing Iran uranium is a proliferation concern.
13:02
GOP hopes to raise millions during convention
13:00
Corning's Q2 core revenue reached $4.7 billion, up 17% year-over-year, with AI-related sales in its optical communications business nearly doubling.
Corning Inc. announced its Q2 2026 core revenue reached $4.7 billion, a 17% year-over-year increase. Optical Communications revenue was $2.1 billion, up 32%, with AI-related sales nearly doubling. Net profit was $438 million, a 77% year-over-year increase. The company has signed multi-year agreements with Meta Platforms and Amazon for optical connectivity solutions and is collaborating with NVIDIA to expand production capacity. Corning expects annual revenue to reach $20 billion by the end of 2026 and potentially double to $40 billion by 2030, primarily driven by AI-related demand.
13:00
ARK Invest Research Director Valente believes the next crypto bull run will be led by Wall Street institutions rather than retail investors, citing unprecedented institutional interest in stablecoins and tokenized assets.
Valente noted that last week, 38 U.S. state banking associations announced the formation of the BankChain consortium, aiming to provide tokenized deposits and on-chain financial services. Simultaneously, over a dozen banks, including Bank of America and Wells Fargo, are exploring a joint stablecoin project. Earlier this month, nearly 40 major Wall Street institutions, including JPMorgan Chase, Goldman Sachs, and Invesco, participated in trading tests for tokenized stocks and U.S. Treasuries. He stated that the stablecoin market has reached approximately $300 billion, and tokenized assets have grown over 50% this year to about $40 billion, indicating sustained high institutional interest.
13:00
Analysis: NVIDIA Could Reach $8 Trillion Market Cap by 2030
NVIDIA (NASDAQ:NVDA), currently valued at $5.25 trillion, recently reported quarterly revenue of $96.22 billion, marking a 105.85% year-over-year increase. CEO Jensen Huang projects 70% revenue growth in fiscal 2028, with analysts setting an average target price of $305.79 for the stock.
13:00
CoreWeave's Q2 revenue surged 112% year-over-year to $2.58 billion, with a backlog of $104 billion. The average analyst price target is $144.
CoreWeave (CRWV) reported Q2 revenue of $2.58 billion, a 112.32% year-over-year increase, and ended the quarter with a backlog of $104 billion. The current share price is approximately $84.89, down 38% from its May high. The consensus target price from 37 analysts is $144, implying an upside of about 70%. The company's Q2 free cash flow was negative $5.74 billion, and its full-year 2026 capital expenditure guidance was raised to $35 billion to $39 billion, with total liabilities reaching $72.05 billion.
13:00
Fortress Chief Strategist Burton Says Rates Still Poised to Go Higher, Arguing Underlying Problem Won't Be Fixed Without Fiscal Response
Fortress Chief Strategist Elizabeth Burton says rates are still poised to go higher, arguing the underlying problem won’t be fixed without a fiscal response. She made the remarks on Bloomberg Open Interest as global bonds slumped due to rising oil prices fueling inflation fears and bets on Fed rate hikes.
12:50
Japanese Corporate Pensions Return to Domestic Bonds as JGB Yields Hit 30-Year High
Many Japanese corporate pension funds are increasing their holdings of domestic bonds, reversing a long decline, as they chase higher yields, a JPMorgan survey found.
12:47
UK Foreign Secretary Condemns Israeli Settlement Construction in Occupied West Bank
12:45
100 million USDC (approximately $100 million) has been minted on-chain.
12:44
U.S. Official: We Want to See Legitimate Oil Industry in Venezuela
12:43
Investor's Business Daily Analysis: Disney (DIS) stock's low implied volatility makes options cheap, suggesting a long strangle strategy to profit from big price swings.
A long strangle strategy is constructed by buying an out-of-the-money call and an out-of-the-money put, aiming to profit from significant price movements in either direction.
12:42
Micron Technology's Revenue Per Employee Doubled to $1.7 Million in 9 Months, Gross Margin Hit 85%
Micron Technology (MU) reported its revenue per employee doubled to $1.7 million in May 2026, marking a significant productivity explosion over nine months. The company's GAAP gross margin expanded to 84.6% in fiscal Q3 2026, with free cash flow surging to $18.304 billion. Micron's shares closed at $958.73 on August 31, 2026, up 706.89% over one year, pushing its market capitalization near $1.08 trillion. CEO Sanjay Mehrotra expects tight DRAM and NAND conditions to persist beyond calendar 2027, stating that AI is still in its "very, very early innings."
12:38
U.S. Central Command: American Forces Began Striking IRGC Targets Inside Iran at 12 p.m. ET
U.S. Central Command stated that the strikes followed recent IRGC attempts to attack commercial ships in the Strait of Hormuz and U.S. service members deployed in the region.
12:37
Elon Musk retweeted Peter R. Hague's request for Grok to translate UK 10-year gilt yields into "play language" using terms like "fucked" and "time to buy tinned goods"
Musk retweeted Hague's post, which asked Grok to map percentage yields onto a scale of severity, from "fucked" to "time to buy tinned goods."
12:37
Elon Musk retweeted that the Starship's 14th flight is expected to deploy V3 Starlink satellites, which will have significantly higher deployment efficiency than the F9 rocket.
Elon Musk retweeted Aaron Burnett's post stating that the 14th Starship flight mission may deploy operational V3 Starlink satellites. According to Elon himself and filings with the US Federal Communications Commission (FCC), this launch is expected to deploy 20 to 60 V3 satellites. This would allow Starship to deploy the same amount of Starlink bandwidth in approximately 45 minutes that an F9 rocket would deploy over two months, equivalent to 3 to 8 weeks of work for an F9 rocket at peak launch frequency.
12:37
Elon Musk retweeted a Grok post announcing that Grok Build now features Workflows.
The "workflows" feature enables Grok to handle complex tasks that cannot be completed in a single conversation, such as categorizing over 100 questions or conducting a detailed review of thousands of lines of code.
12:35
Sequoia-incubated Empirik launches with $21M in seed funding to predict IT outages
Empirik, a startup incubated by Sequoia Capital, announced its spin-out as an independent company on Tuesday, having secured $21 million in seed funding from Sequoia, Canapi, and Alumni Ventures. The company aims to autonomously predict and prevent IT infrastructure outages by tracking system changes and inferring their potential ripple effects. Empirik has already acquired customers ranging from startups to Fortune 500 companies, including S&P Global and Guardant Health.
12:32
Jim Cramer says selling Amazon stock due to new FTC lawsuit would be 'hysterical'
12:32
Iran's state broadcaster reports explosions on Qeshm Island, no official confirmation yet
12:31
WTI crude oil rose 4.45% intraday, now trading at $89.580.
12:26
NIO's vehicle gross margin remained at 18.5% in Q2, and non-GAAP operating profit has been positive for three consecutive quarters.
NIO announced on its Q2 2026 earnings call that its vehicle gross margin remained at 18.5% in the second quarter, despite continuous increases in raw material and chip costs. Non-GAAP operating profit has been positive for three consecutive quarters.
12:26
NIO expects average monthly sales to exceed 40,000 units in Q4, with a further increase of 2,000-3,000 yuan in per-vehicle cost in H2.
NIO stated on its Q2 2026 earnings call that it expects a further increase of 2,000 to 3,000 yuan in per-vehicle costs in the second half of the year compared to Q2, but the company will still strive to maintain stable gross margins. Additionally, NIO projects Q3 deliveries to be between 108,000 and 111,000 vehicles, and has set a more aggressive growth target, aiming for average monthly sales to exceed 40,000 vehicles in Q4.
12:23
Yahoo Finance analysis recommends SentinelOne (S) as a top AI stock to buy before 2026 ends, citing its 22% ARR growth and AI product ARR nearly tripling.
The cybersecurity company SentinelOne, which heavily relies on AI for automated protection, reported $1.2 billion in annual recurring revenue (ARR) for its fiscal 2027 second quarter (ended July 31), up 22% year-over-year. The ARR attributable to its AI products, such as Purple AI and Prompt Security, nearly tripled. Despite a GAAP net loss of $169.5 million in the first half of fiscal 2027, the company achieved a non-GAAP profit of $40.7 million. Its stock trades at a price-to-sales (P/S) ratio of 6.6, significantly lower than competitors CrowdStrike (41.6) and Palo Alto Networks (25.6).
12:23
Mideast oil-producing nations scramble for pipeline alternatives to Hormuz
Qatar and Kuwait face a tough road finding bypass routes for exports, while Iraq is working to refurbish a pipeline connection to Syria with U.S. help. Japan is also preparing to support efforts by Saudi Arabia and the United Arab Emirates to expand alternative crude export routes.
12:22
U.S. Bancorp (USB) President & CEO Gunjan Kedia sold 27,267 shares of common stock for over $1.7 million on Aug. 28
U.S. Bancorp (USB) President & CEO Gunjan Kedia sold 27,267 shares of common stock for over $1.7 million on Aug. 28. The transaction, disclosed in an SEC Form 4 filing, involved a cashless exercise of vested stock options at a strike price of $55.01, followed by an immediate liquidation at a weighted average price of $62.37 per share. Following the sale, Kedia directly holds 426,262 shares, representing a 0.0274% ownership interest in the company.
12:22
New Federal Reserve Chairman Kevin Warsh vows to curb inflation, with markets pricing in a nearly 60% chance of a 25 basis point rate hike this month.
Incoming Federal Reserve Chair Kevin Warsh vowed to finally curb U.S. inflation, currently at 3.4%, a move that propelled bond yields higher. Markets are now pricing in a nearly 60% chance of a 25 basis point rate hike at the Federal Reserve's meeting this month, signaling a return to tighter monetary policy.

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