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9/6
18:49
Nvidia CFO Colette Kress stated on August 26 that the company expects fiscal 2028 revenue growth to reach 70%, significantly exceeding the 44% average analyst estimate. This guidance, the company's first-ever year-ahead revenue forecast, implies fiscal 2028 revenue near $673 billion to $700 billion, which would position Nvidia ahead of Apple and Alphabet in revenue among U.S. tech companies. Following the news, shares jumped approximately 8.7%.
18:32
Michael S. Perry, a director at Arrowhead Pharmaceuticals (Nasdaq: ARWR), sold 11,600 shares of the company's stock worth $1 million on August 18, 2026. The transaction was disclosed via a Form 4 filing with the U.S. Securities and Exchange Commission, with an average selling price of $87.30 per share. Perry's move liquidated 9% of his direct holdings, but he still retains a 0.0791% stake in the company and holds unvested restricted stock units.
18:16
As of September 6, XRP is trading at $1.41, struggling to break past the $1.43 resistance level. Analysts believe that XRP is unlikely to reach $1.50 before the Federal Reserve's interest rate decision on September 16 and the Senate vote on the CLARITY Act on September 15. Potential interest rate hikes by the Federal Reserve (with inflation at 3.7% and a strong August jobs report) and the low probability of the CLARITY Act passing (Polymarket data shows an 18% chance of the bill being signed into law by 2026) are seen as bearish factors that could lead to XRP pulling back to $1.35. For $1.50 to become a viable target price, a daily close above $1.43 with supporting volume is required.
18:13
Iranian Foreign Ministry spokesman Esmaeil Baqaei accused the United States of instigating conflict and expecting other countries to bear its economic costs. Baqaei stated that the Strait of Hormuz was open before the war, and he attributed shipping disruptions, tanker stoppages, and rising energy prices to Washington, accusing the U.S. of attempting to shift the responsibility for the resulting trade and energy market turmoil to Tehran.
18:11
Major US oil companies are increasingly adopting aggressive strategies in labor negotiations, including lockouts and the use of replacement workers, to secure concessions from unions. This trend, exemplified by Exxon's 2021 lockout and ongoing disputes at BP's Whiting, Indiana, and Marathon's Martinez, California refineries, aims to undermine unions' bargaining power and reduce costs. BP, for instance, has offered a 13% raise over four years but seeks to transfer non-core work and waive bargaining rights related to AI tools and time clocks.
18:00
The AI company, known for its Claude models, plans to publish its initial public offering (IPO) prospectus after Monday's Labor Day holiday, which could be followed by a listing as soon as late September or October. This commitment, made on April 20, represents about a fifth of AWS's current backlog of contracted work. Amazon also invested an additional $10 billion in Anthropic this year, with up to $15 billion more available under a financing arrangement.
17:26
An Amazon cargo plane, a Boeing 767-300 operated by 21 Air, overran the runway and caught fire while landing at Miami International Airport at 2pm ET (6pm GMT) on Sunday. The incident, which saw the aircraft strike multiple vehicles, has led to a full ground stop at one of the country's busiest airports, with significant delays anticipated. The US Federal Aviation Administration (FAA) and the National Transportation Safety Board (NTSB) are investigating the cause of the crash.
17:24
The Bitcoin sidechain has been paused, leading exchanges to suspend LBTC deposits and withdrawals, as Blockstream works to contact those responsible for the purported withdrawal.
17:22
Applied Digital (Nasdaq: APLD) reported an acceleration in revenue growth to $258.7 million for the fiscal quarter ended May 31, 2026, while IREN (Nasdaq: IREN) saw its revenue contract sequentially to $137.2 million for the fiscal quarter ended June 30, 2026. Despite the overall revenue decline for IREN, its AI Cloud sales surged from $33.6 million in the same period last year to $70.5 million, while cryptocurrency mining revenue decreased from $111.2 million to $66.7 million, reflecting its strategic pivot towards the AI infrastructure market.
17:22
Jim Cramer, during a September 3 episode of CNBC's Mad Money, labeled Nuvation Bio (NUVB) as "pure speculation," warning that its value primarily rests on potential future drug performance rather than current earnings. This comes as the stock has been climbing, with Wall Street analysts maintaining an average 12-month price target of $14.5, suggesting approximately 113% upside from its recent price near $6.80. Analysts' optimism is fueled by the company's successful launch of lung cancer drug IBTROZI and its experimental brain cancer drug Safusidenib receiving FDA Fast Track Designation in August 2026 and entering a crucial late-stage trial.
17:08
The decline of these ETFs, which debuted about three months ago, has sparked political controversy over claims they harmed investors' assets.
17:06
H.B. Fuller's board unanimously rejected activist investor Ancora Holdings Group's unsolicited proposal, stating the offer "significantly undervalues" BAS, is "substantially below precedent transactions," and ignores the unit's growth prospects. The company also noted that a carve-out would create "significant dis-synergies" as BAS shares manufacturing operations across more than 30 plants worldwide, and Ancora's proposal "lacks key details needed to demonstrate" its ability to execute the deal. Ancora's activist campaign against H.B. Fuller began in May.
17:05
Reuters reported that healthcare company McKesson (NYSE:MCK) announced it would acquire privately held Precision Medicine Group for approximately $2.25 billion. This acquisition is part of McKesson's multi-year effort to strengthen its high-growth businesses, and Precision Medicine Group will become part of McKesson's oncology and multi-specialty division.
16:56
Elon Musk stated that SpaceX's first AI satellites, powered by Nvidia chips, will launch in Q4 2027 and reach "significant scale" in 2028. This marks the second acceleration of the timeline, which was initially set for "as early as 2028" in its May IPO prospectus and then "next year" during an August 4 earnings call. SpaceX has already secured deals with Anthropic and Google to rent orbital compute capacity.
16:55
Robbie Mitchnick, Head of Digital Assets at BlackRock, stated that the move aims to attract more family offices and high-net-worth individual investors, shifting Bitcoin from private wallets into regulated fund structures. Since the conversion process was first launched, IBIT has facilitated over $5 billion in physical Bitcoin conversions, up from $3 billion when Bloomberg first reported in October last year. Competitor Bitwise has also lowered its minimum threshold from $100 million to $3 million.
16:55
Tether-backed Chilean crypto exchange Orionx announced its closure on September 3, following an audit that revealed a $7 million shortfall in client assets, which had been transferred to wallets not managed by the company. Orionx has suspended withdrawals and filed a lawsuit with the Public Prosecutor's Office, along with criminal charges against co-founders Joaquín Díaz and Roberto Zibert. Orionx stated that its top priority is to return assets to clients as quickly and fairly as possible, and it has reported its asset liquidation and compensation plan to the authorities. The two co-founders have denied the allegations and stated they are cooperating with the investigation.
16:54
The stock-paired Solana launchpad StonkFun integrated with Raydium's LaunchLab on Saturday, contributing to STONK's 250% surge to a $140 million market cap. Raydium's native token RAY also saw gains of more than 40%.
16:48
Anthropic reached a $1.5 billion copyright settlement with authors last year, but authors recently complained that publishers and literary agents are claiming more than their fair share of the settlement funds. Under the terms of the settlement, Anthropic will pay $3,000 for each of nearly 500,000 pirated works. For in-print books, authors and publishers will split the payment 50/50, while agents typically do not receive copyright shares.
16:39
Benjamin Netanyahu is Israel’s longest-serving prime minister, and his leadership will be tested in the upcoming parliamentary election on October 27.
16:39
Yahoo Finance reported that NVIDIA, to address investor concerns about customer concentration, for the first time in its Q1 earnings report, split data center revenue into "hyperscale customers" and "ACIE." In the subsequent quarter, ACIE revenue surged by 138%, outpacing the growth of hyperscale customers. CEO Jensen Huang stated that hyperscale customers are the "easiest to get to market," while the broader industry, with 250,000 companies, represents NVIDIA's long-term target market. Insider Monkey data shows that 285 hedge funds held NVIDIA stock in Q2 2026, with a total value of $94.67 billion, an increase from 275 in Q1.
16:39
Netflix has once again raised prices for all its plans in the UK, with the ad-supported standard plan seeing the largest increase, from £5.99 to £7.99 per month. The ad-free standard plan and premium plan have also risen to £13.99 and £20.99, respectively. Following the news, Netflix shares fell 5.4% to $78.25 on Friday.

Despite the drop in Netflix's stock price after the price hike announcement, Motley Fool analysis indicates that Netflix has achieved annual revenue growth for the past 15 years, and previous price increases have not led to a decline in annual revenue. However, this latest price increase specifically targets the ad-supported plan, which has seen a 60% price jump in approximately 19 months. This could test the tolerance of its price-sensitive user base.
16:33
Apple's new M6 chip, built on a 2-nanometer process, delivers 4 times faster AI performance and 2 times faster graphics than the M4 model. The M5 Pro chip can process large language model prompts up to 8.5 times faster than its M2 Pro predecessor. The Mac Studio now starts at $2,499 with the M5 Max chip or $5,499 with the new M5 Ultra. Preorders opened Tuesday, with units shipping September 22. The company noted that developers can run and fine-tune large AI models locally on their Mac with these new chips and frameworks. The Mac Mini's entry price has risen to $899 from $599 at its 2024 launch, reflecting pricing power despite rising component costs.
16:19
Defence officials warn that the foiled drone attack at a German airport is seen as a sign of Nato’s weak response and Moscow’s impunity.
16:18
Analysis indicates that for U.S. investors, the return of capital distributions from the NEOS S&P 500 High Income ETF (SPYI) makes it more tax-efficient in a taxable account than in a traditional IRA, as traditional IRAs already provide tax deferral. Conversely, STAG Industrial's (STAG) ordinary income REIT distributions are better suited for an IRA, unless the investor qualifies for the Section 199A 20% deduction in a taxable account. Traditional IRAs convert all gains to ordinary income upon withdrawal, thereby eliminating the tax advantages of both these holdings.
16:17
Paramount Skydance Corporation (PSKY) CEO David Ellison has secured regulatory approval in 68 jurisdictions for his $110 billion bid to acquire Warner Bros. Discovery, Inc. (WBD). However, a lawsuit led by California Attorney General Rob Bonta, representing 12 states, remains the final obstacle. Bonta has canceled a planned settlement meeting with Ellison, citing a "lack of good faith." Paramount faces a ticking fee of approximately $650 million per quarter starting September 30 if the deal is not closed, and has asked a court to compel the states to post a $1.88 billion bond.

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