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9/4
12:02
Al Jazeera: Russian Jet-Powered Drone Attacks Kill Dozens in Ukraine; Russia Extends Diesel Export Ban This Week Amid Shortages
Al Jazeera reports that Russian jet-powered drones have killed dozens of civilians in Ukraine, including 38 in the village of Myra on August 29 and another 12 nationwide on September 1. A spokesman for the Ukrainian Air Force stated that the number of jet-powered drones increased to approximately 2,800 in August, up from 1,500 in July, with an interception rate of only 60%, significantly lower than the over 90% for propeller drones. Meanwhile, Russian ground forces' advance has been stalled, with Ukraine claiming Russian casualties reached 42,020 in August. Ukrainian strikes on Russian refineries have led to domestic gasoline shortages in Russia, which this week extended its diesel export ban until the end of September and is seeking to import gasoline. Ukrainian intelligence claims that Russian oil exports have fallen by 80%, with oil exports from the port of Novorossiysk dropping from 800,000 barrels/day in July to 350,000 barrels/day in August.
12:02
A UN human rights report states that Israel's "Iron Wall Operation" in the West Bank may constitute crimes of "ethnic cleansing" and "forced displacement," having displaced over 33,000 Palestinians.
The UN Human Rights Office (OHCHR) released a report on Friday stating that Israel's "Iron Wall Operation" in the West Bank from January to February 2025 resulted in the deaths of 102 Palestinians and displaced over 33,000 residents in the Jenin, Nur Shams, and Tulkarem refugee camps. The report emphasized that such large-scale, prolonged, and systematic displacement of the Palestinian population, without military necessity, could constitute a crime against humanity.
12:01
The Motley Fool Analysis: Cannabis Company Green Thumb Industries' Q2 Performance Disappoints, But Future Prospects Remain Promising
The Motley Fool's analysis indicates that Green Thumb Industries (GTBIF) saw a 1.1% year-over-year decline in Q2 same-store sales, with gross margin falling from 49.9% to 45%, and EBITDA decreasing from $69.1 million to $53.1 million. However, the company's revenue grew by 4.6% to $306.7 million, generating $29 million in operating cash flow and a net profit of $4.9 million. The analysis suggests that Green Thumb Industries' future years will be more attractive with Virginia's approval of recreational cannabis sales (effective July 1, 2027), Texas's expansion of medical cannabis access, and the federal government's reclassification of cannabis on April 28, which removed heavy tax provisions for cannabis businesses. The company also repurchased approximately 7.9 million shares worth $48.3 million and holds cash reserves comparable to its debt.
12:00
Yahoo Finance Analysis: GE Vernova and Quanta Services are two market-crash-resistant stocks worth buying and holding.
Yahoo Finance analysis suggests that amidst a potential correction in the current bull market, electrification stocks GE Vernova (GEV) and Quanta Services (PWR) are worth buying and holding due to their benefits from the AI boom and strong resilience against market downturns. Analysts project both GE Vernova and Quanta Services to achieve double-digit compound annual growth rates for revenue and adjusted EBITDA between 2025 and 2028.
12:00
Crypto Venues See $778 Billion Boom in Stock and Commodity-Tied Contracts
Crypto exchanges are becoming much bigger venues for trading contracts tied to stocks, indexes, and commodities, adding fresh evidence that the worlds of digital assets and traditional markets are starting to merge.
12:00
Elon Musk reposted a tweet showcasing Grok Build's video editing capabilities: it can automatically find footage on X and produce cinematic videos based on instructions.
Elon Musk retweeted a post from XFreeze showcasing Grok Build's video editing capabilities. XFreeze stated that by simply instructing Grok Build to create a cinematic Cybercab video using officially released Tesla footage, Grok Build automatically searched and selected the best clips on X, planned the sequence, and produced a high-quality edited piece. The post also noted that users can provide their own footage, and Grok Build will handle the actual production.
12:00
62 million USDC (approximately $62 million) minted on-chain.
11:46
Binance founder CZ meets with Kazakhstan's Deputy Prime Minister, notes rapid crypto advancement
Binance founder CZ met with Kazakhstan's Deputy Prime Minister and Minister of Artificial Intelligence and Digital Development, Zhaslan Madiyev, stating that crypto is advancing fast in the country.
11:44
Energy Fuels (UUUU) completes the acquisition of Australian Strategic Materials, a transaction valued at approximately $243.4 million, to advance its "mine-to-magnet" strategy.
Energy Fuels Inc. acquired Australian Strategic Materials' operating metals and alloys business, including the Korean Metals Plant (1,300 tonnes per year of NdFeB alloy production capacity) and the Dubbo Rare Earths Project in Australia, through this acquisition. The total consideration for the transaction is approximately $243.4 million, consisting of $217.2 million in stock and $26.2 million in cash. The company plans to increase the Korean Metals Plant's alloy production capacity to 3,600 tonnes per year and has proposed the acquisition of VACUUMSCHMELZE to expand its finished magnet manufacturing capabilities, with the transaction expected to close in early 2027. As of June 30, 2026, Energy Fuels had approximately $996 million in working capital.
11:44
Autonomous driving technology company Aurora Innovation (AUR) partners with McLane Company to launch driverless commercial transport.
Autonomous driving technology company Aurora Innovation (AUR) has partnered with McLane Company to launch driverless commercial transportation, a key commercial milestone under Aurora Driver-as-a-Service (DaaS) business model. Aurora Innovation focuses on developing autonomous driving systems designed to operate various vehicle types, including freight trucks and passenger vehicles, and collaborates with industry leaders to achieve scaled commercial deployment of autonomous trucks. The company has also reached an agreement with Hirschbach Motor Lines for 500 future autonomous trucks and expanded its freight network to new routes such as Dallas to Oklahoma City.
11:42
Ripple partners with Florida Athletics for multi-year XRP branding and education deal
The partnership will feature the XRP logo prominently on the field at Ben Hill Griffin Stadium, across Florida Athletics’ digital properties and event signage, and support financial and technology education for student-athletes and the broader campus community. This follows Ripple's earlier sports sponsorship with the Kansas Jayhawks.
11:42
S&P Dow Jones Indices Expected to Announce S&P 500 Additions After Friday's Close; Twilio, Bloom Energy, Cheniere Energy Among Top Contenders
S&P Dow Jones Indices is expected to announce several additions to the benchmark index after Friday's close. The changes would go into effect before the market opens on Monday, Sept. 21.
11:35
Meridian Hedged Equity Fund noted in its Q2 2026 investor letter that Intercontinental Exchange (ICE) is facing multiple pressures, including concerns about institutional capital outflow due to the onshore shift of perpetual futures, declining trading revenue, and underperformance compared to the same period last year.
Meridian Hedged Equity Fund noted in its Q2 2026 investor letter that Intercontinental Exchange (ICE) faces multiple pressures, including investor concerns that regulatory approval of a competitor's "onshoring of perpetual futures" could lead to institutional capital outflow from traditional exchanges, a continuous decline in trading revenue, and underperformance compared to the same period last year, which saw increased activity during Liberation Day and the Iran War. As of September 3, ICE's stock price was $164.59, up 7.53% over the past month and down 7.26% over the past 52 weeks. The fund returned 4.50% in the second quarter, trailing the S&P 500's return of 15.20%.
11:34
Southern Co. receives Georgia regulatory approval to power OpenAI data centers for 25 years, involving 3.2 gigawatts of new demand.
Georgia Power, a subsidiary of Southern Co., has received approval from the Georgia Public Service Commission (PSC) to provide electricity services for OpenAI's data center project in Effingham County. This 25-year agreement will cover approximately 3.2 gigawatts of new power demand. Georgia Power anticipates that multiple large customers, including the OpenAI project, will save existing customers approximately $950 million annually in electricity costs starting in 2029, totaling $2.847 billion by 2031. OpenAI will bear all infrastructure and power service costs, provide financial guarantees to protect existing customers, and commit to providing up to 1 gigawatt of flexible demand response.
11:34
Interactive Brokers Chief Strategist Warns S&P 500 Investors May Have 40-45% AI Exposure, Higher Concentration Than Expected
Steve Sosnick, chief strategist at Interactive Brokers, cautions that investors in S&P 500 index funds might be more exposed to the AI trade than they realize, with an estimated 40% to 45% portfolio allocation. This is due to the index's market capitalization weighting, where the top seven companies, all heavily involved in AI, account for over 34% of its value. Sosnick also highlights that rising long-term bond yields (10-year Treasury yield near 5%, 30-year yield above 5%) could pressure valuations, urging investors to review their combined AI exposure against their risk tolerance.
11:34
Micron Technology (MU) rose 4.5% during intraday trading on Friday after Lynx Equity reiterated its bullish forecast and raised its price target to $1,325.
The private equity firm predicted in its report that Micron's stock price could rise by over 30% to $1,325 within a year. Lynx Equity had previously warned investors to stay away from Micron in June, but now believes that after a 45% sell-off, Micron's stock price has returned to a profitable level.
11:34
Intel shares rose 4% on Friday, with NVIDIA and AMD also moving higher, as chip stocks defied rising interest rate hike expectations.
Intel shares rose 4% to $95.41 in early Friday trading, NVIDIA gained 2% to $232.37, and AMD advanced 3% to $471.05. The iShares Semiconductor ETF (SOXX) climbed 3% overall to $517.91, outperforming the Invesco QQQ Trust (QQQ), which was up only 0.02%. This surge followed a strong August non-farm payrolls report, which pushed market expectations for a September rate hike by the Federal Reserve from 49.4% on Thursday to 60.2%.
11:32
Howard Lutnick's income exceeded $250 million last year, selling Cantor Fitzgerald shares and buying into index funds.
Howard Lutnick earned over $250 million last year. The Commerce Secretary sold his stake in Cantor Fitzgerald and other stocks, then bought into index funds.
11:28
Blue Owl Technology Finance Corp., a software-focused private credit fund, raised $150 million through a private placement, its third financing since June.
11:25
Micron Jumps 5% and SanDisk 8% on Friday, Outperforming Broader Market Despite Strong Jobs Report Reviving Fed Rate Hike Odds
Micron Technology Inc. and SanDisk Corp. saw significant gains in early trading on Friday, with Micron up 5% and SanDisk up 8%, sharply outperforming the S&P 500 which slipped 0.2%. This surge occurred even as a surprisingly strong U.S. jobs report for August (adding 162,000 jobs vs. 56,000 expected) sent Treasury yields higher and briefly pushed the odds of a 25-basis-point Fed rate hike in September above 50% on prediction markets. The two-year Treasury yield jumped from 4.34% to 4.425% after the report.

Memory stocks continued climbing despite the hawkish repricing, with Dell COO Jeff Clarke highlighting insufficient supply and shortages across the semiconductor chain, particularly for DRAM and NAND. Susquehanna expects DRAM contract prices to rise over 50% this quarter, and NAND prices about 60%. Micron's revenue is roughly three-quarters from DRAM, while SanDisk is heavily exposed
11:24
Charles Schwab, Robinhood In Or Near Buy Zones But Interactive Brokers Triggers A Sell Signal
Investor's Business Daily analysis indicates that brokerage giants Charles Schwab (SCHW) and Robinhood Markets (HOOD) stocks are in or near buy zones, while Interactive Brokers (IBKR) has triggered a sell signal after a recent breakout failed.
11:24
GLOBALFOUNDRIES (GFS) Reports Robust Q2 2026 CID Revenue Growth of Over 30% and Announces First-Ever Quarterly Cash Dividend
GLOBALFOUNDRIES (GFS), a leading global semiconductor manufacturer, reported a significant structural gross margin expansion of 300 basis points year-over-year and robust revenue growth of over 30% in its Communications Infrastructure and Data Center (CID) segment during the second quarter of 2026. The company also announced its first-ever quarterly cash dividend and a new capital allocation framework targeting the return of up to 50% of free cash flow to shareholders.
11:23
Meridian Hedged Equity Fund noted in its Q2 2026 investor letter that Chevron (CVX) is under pressure due to high capital requirements from large-scale M&A activities and significant operational challenges in major projects.
The fund stated that while Chevron's stock price fell from nearly $220 in early April to approximately $170 by the end of June in the second quarter, its core profit engine rebounded as major assets like TCO and Leviathan resumed full production. Strong downstream refining margins and the integration of Hess also supported performance, though this was partially offset by reduced gains from commodity prices. The Meridian Hedged Equity Fund returned 4.50% in the second quarter, trailing the S&P 500's return of 15.20%.
11:23
ONEOK (OKE) Acquires Brazos Midstream Assets for $4.425 Billion, Funded by $9 Billion Apollo Minority Investment with 7% Capped IRR for Nine Years
ONEOK, Inc. (NYSE:OKE) has agreed to acquire Brazos Midstream's Permian Midland Basin assets for $4.425 billion in cash. The acquisition will be funded by a $9 billion non-voting minority equity investment from Apollo-managed funds, which will also support approximately $5 billion of debt extinguishment. The minority investor's internal rate of return (IRR) is capped at 7.0% for nine years. ONEOK expects the acquisition to be immediately accretive to earnings per share and projects pro forma 2027 leverage to decline to approximately 3.25 times debt-to-EBITDA without common-share issuance. This deal more than doubles ONEOK's Midland Basin processing capacity to about 2.3 billion cubic feet per day.
11:23
Envestnet will invest $35 million into its Tamarac platform to integrate AI and enhance the advisor experience.
11:23
Analysis suggests the Vanguard Russell 1000 Value ETF is an excellent buy in September, as it addresses the index construction flaws of the Vanguard Morningstar Value ETF.
Yahoo Finance published an article stating that the Vanguard Russell 1000 Value ETF (VONV), through FTSE Russell's index construction methodology, can split the market capitalization of mature tech giants such as Amazon, Apple, and Microsoft between value and growth indices. This better reflects the hybrid growth and value attributes of these companies. This approach resolves the "all-or-nothing" classification flaw of the Vanguard Morningstar Value ETF (VTV), making VONV a more suitable choice for modern value investing principles, with an expense ratio of 0.06%.
11:22
FICO Plunges 21%, Equifax and TransUnion Also Fall, as FHFA Director Pulte Renews Criticism
11:21
DoubleLine's Robert Cohen Sees Value in Big Tech (GOOGL, AMZN) Bonds After AI Debt Selloff
11:17
Kraken lists SOFID (SoFiUSD) stablecoin for trading, with funding and trading live as of September 4.
Kraken has listed SOFID (SoFiUSD) stablecoin for trading, with funding and trading live as of September 4. SOFID is a U.S. dollar payment stablecoin issued by SoFi Bank, N.A., regulated by the Office of the Comptroller of the Currency, designed to hold a stable value relative to the U.S. dollar and function as a payment and settlement instrument.
11:13
KNOT Offshore Partners Q2 revenue was $96.8 million, declared a dividend of $0.075 per common share, and acquired the shuttle tanker Hedda Knutsen for $113 million on September 1.
KNOT Offshore Partners announced Q2 2026 revenue of $96.8 million, operating income of $15.6 million, and net income of $3.4 million. The company declared a dividend of $0.075 per common share, an increase from $0.05 in the previous quarter. Additionally, on September 1, the company acquired the shuttle tanker Hedda Knutsen for $113 million. The vessel is chartered to Petrobras until 2034. The company also secured a $225 million five-year senior secured term loan facility through DNB Bank, significantly reducing borrowing costs.

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