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9/3
09:46
China is ready to expand investment cooperation with Russia, focusing on manufacturing, infrastructure, green industries, and the digital economy. Chinese Vice Premier Ding Xuexiang called for faster implementation of key projects and stronger support for businesses. Russia pledged to address concerns from Chinese companies and provide more predictable investment conditions as both sides seek to deepen economic ties.
09:46
Crypto recovery specialists revealed they managed to crack a wallet believed to hold $1 billion, only to discover it contained a mere $10. They noted that while lost wallets, passwords, and seed phrases can sometimes be recovered, it's of no help if the money was never there in the first place.
09:44
Investment management company Artisan Partners stated in its Q2 2026 investor commentary that its Artisan Global Opportunities Strategy fund trimmed its exposure to Advanced Micro Devices (AMD) as the valuation moved beyond its reasonable expectations, consistent with its valuation discipline. AMD shares gained 182.50% over the past 52 weeks, driven by continued strength in data center demand and AI infrastructure. The fund had previously added to its position ahead of the stock's rally.
09:44
Yahoo Finance analysis suggests Microsoft investors should focus more on the competitive threat from Amazon's AWS rather than Google Cloud. The article states that Microsoft recently began disclosing independent quarterly Azure revenue, with data showing the gap between Azure and AWS is nearly three times larger than the gap between Azure and Google Cloud. Amazon AWS's quarterly revenue reached $42 billion, a 36% year-over-year increase, while Google Cloud's revenue was $24.77 billion, an 82% year-over-year increase. Additionally, OpenAI has committed to using 2GW of AWS capacity starting in 2027, and Anthropic has secured 5GW of Trainium chips, challenging Azure's advantage in AI workloads.
09:43
AeroVironment, Inc. (NASDAQ:AVAV) shares surged 6% to $153.93 after the company secured a $464.8 million Enduring-High Energy Laser production contract from the U.S. Army. This marks the Army's first-ever directed-energy production award, moving laser weapons from prototype to fielded units. Following this news, other drone-defense companies also saw gains, with Unusual Machines (NYSEAMERICAN:UMAC) up 1% and Red Cat Holdings (NASDAQ:RCAT) climbing 3% on counter-drone read-across.
09:38
Wall Street expects only a small increase in new jobs in August, potentially signaling a third consecutive summer hiring slump for the U.S. economy ahead of Friday's employment report. The upcoming monthly employment report, due Friday, will be closely watched, with the hundreds of thousands of Haitian immigrants who have lost temporary protective status in the U.S. noted as a potential wild card.
09:38
U.S. Democratic Representative Josh Gottheimer and Republican Representative Mike Lawler will jointly introduce the "Stop Runaway AI Act" on Thursday. The bill requires the National Institute of Standards and Technology (NIST), an agency within the Department of Commerce, to develop standards, guidelines, and best practices for the secure deployment of AI agents. This legislation comes amid a flurry of reported AI agent security incidents, with OpenAI's AI agent infiltrating Hugging Face's systems being particularly alarming. The bill aims to help businesses identify AI agents operating on their networks and their developers or operators. While NIST standards will be voluntary for most organizations, government contractors bidding on new federal contracts will be required to meet these standards.
09:38
According to incomplete statistics from Wallstreetcn, in the first half of 2026, 12 Chinese listed automakers that separately disclosed exchange gains and losses collectively recorded a net exchange loss of approximately 11.2 billion yuan. In the same period last year, these companies collectively had a net exchange gain of about 17.3 billion yuan. The year-on-year swing in exchange gains and losses on the income statement, from positive to negative, approached 28.5 billion yuan. Among them, BYD recorded an exchange loss of 4.703 billion yuan in the first half of the year, while Chery Automobile, SAIC Motor, and Geely Automobile lost 2.092 billion yuan, 1.947 billion yuan, and 673 million yuan, respectively. Although the gross profit margins and core profits of some automakers' products are still growing, their reported profits have been significantly suppressed by exchange rates, reflecting the contradiction between overseas market expansion and the lagging development of local production, procurement, and financing systems.
09:34
Motley Fool's analysis indicates that while XRP offers more short-term excitement and volatility, Bitcoin's case for long-term investment is stronger due to its fixed supply and broadening institutional base. The analysis notes that XRP's issuer, Ripple, increasingly favors its own stablecoin RLUSD for major banking partnerships, with XRP primarily used for transaction fees. Bitcoin's market cap is currently $1.55 trillion, significantly larger than XRP's $85.1 billion as of September 1, 2026. Bitcoin saw over $3 billion in spot ETF inflows in August, with its price rising 25% that month, while XRP, despite a 30% gain in August, is trading 62% below its peak after the 2025 lawsuit resolution.
09:33
Artisan Partners' Artisan Global Opportunities Strategy fund added DoorDash (DASH) to its portfolio in the second quarter of 2026. The fund believes that while investments in new verticals have tempered near-term margin expansion, they have the potential to significantly extend the company's growth runway. Despite concerns that AI could disrupt consumer internet companies, Artisan argues that DoorDash's fulfillment network solves a physical, logistics-intensive problem that is less vulnerable to near-term AI disruption. The fund increased its position following a recent pullback, believing the market underestimates DoorDash's network durability and long-term monetization opportunity. DoorDash shares closed at $226.24 on September 2, 2026, having returned 6.09% over the past month but lost 9.06% over the past 52 weeks.
09:33
The taxation threshold for Social Security benefits, set at $25,000 for single filers since 1984, means an average retiree receiving $2,081 monthly benefits only needs an additional $12,514 in outside income to trigger federal taxes on their Social Security. This threshold, along with the second tier threshold of $34,000 (set in 1993) where up to 85% of benefits become taxable, has never been adjusted for inflation. This policy increasingly impacts ordinary retirees as benefits and prices rise, with even federally tax-exempt municipal bond interest counting towards the provisional income calculation that determines taxability.
09:23
The enterprise data storage company reported adjusted earnings of $2.58 per share from sales of $2 billion. Some analysts flagged concerns about growing component costs chipping away at NetApp's margins, following a more than 70% rally in the stock since April.
09:23
An opinion piece published by Al Jazeera, authored by Tunisia's former Prime Minister (2020-2021), asserts that President Kais Saied's promised path to self-reliance has exacerbated the country's economic crisis. The piece highlights World Bank data showing economic growth at 0.2% in 2023, 1.6% in 2024, and an estimated 2.5% in 2025, which is insufficient to absorb the approximately 15% unemployment rate. Public debt has surged from about 67.8% of GDP in 2019 to nearly 85% in 2024. The Central Bank directly lent the Treasury about seven billion dinars in February 2024, as the state increasingly relies on domestic financing. The country is currently facing persistent electricity and water cuts, a collapsed health system, and severely diminished purchasing power.
09:21
The Motley Fool analysis suggests that while both Nvidia and AMD are strong players in the booming AI data center infrastructure market, Nvidia is the superior long-term investment. The analysis highlights Nvidia's second-quarter sales more than doubling to $96.2 billion, with Q3 revenue guidance of $108 billion, and its dominant 86% market share in AI data GPU. Despite AMD's data center revenue doubling to $6.7 billion in the most recent quarter and strong CPU market prospects, its trailing P/E ratio of 121 is significantly higher than Nvidia's 29, making Nvidia a cheaper option.
09:21
Charles Schwab Corp. is imposing stricter limits on tax-aware long-short accounts, raising the minimum asset requirement for some separately managed accounts from $1 million to $10 million. Additionally, the firm will no longer enroll new clients or accept new funds into portfolio margin accounts, which utilize greater leverage. These changes, set to take effect on September 16, mark at least the third time Schwab has tightened restrictions on these accounts, following similar moves by rival Fidelity Investments amid concerns over the rapid growth of such complex, tax-optimizing strategies.
09:18
In a joint operation, the FBI, local police, and Indian authorities dismantled three scam call centers in India. These centers had been impersonating U.S. Social Security Administration (SSA) employees since 2022, defrauding American citizens of a total of $48,778,230, with approximately 660 victims. In Maryland alone, nearly 24 victims lost $6,257,869, averaging about $260,000 per person.

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